Henry Vogel, a blow molding veteran, has purchased Nymar Precision Products LLC, a company that makes custom tooling for extrusion blow molding and components for the tooling, rebuilds heads and provides replacement parts.
Vogel said he is only the third owner of the 50-year-old Nymar, which is based in Randolph, N.J. He bought the nine-employee machining company from Gerry Hughes, in a deal that closed July 17. Terms were not disclosed.
Bob Martin founded Nymar.
"The core competency of Nymar is manufacturing extrusion and calibration tooling," Vogel said. Nymar can make extrusion blow molding tooling to support a 20-pound shot head.
Nymar has an inventory of head components for Bekum, Kautex and Fischer heads.
A big part of the acquisition was Nymar's library of more than 5,000 drawings of parts the company has made since it started, Vogel said.
Vogel has known Nymar for years. His extrusion blow career began in 1978 at Vanguard Plastics Inc. Also, he was vice president of operations, and vice president of engineering, at Consolidated Container Co. LLC, and vice president at blow mold manufacturer Heise Industries Inc.
He serves on the board of directors of the Society of Plastics Engineers' Blow Molding Division.
Vogel said Nymar has been fairly low-profile, and he wants to get more exposure for the company. "I've known them and their capabilities for years," he said.