Skip to main content
Sister Publication Links
  • Sustainable Plastics
  • Rubber News
Subscribe
  • Sign Up Free
  • Login
  • Subscribe
  • News
    • Processor News
    • Suppliers
    • More News
    • Digital Edition
    • End Markets
    • Special Reports
    • Newsletters
    • Videos
    • Injection Molding
    • Blow Molding
    • Film & Sheet
    • Pipe/Profile/Tubing
    • Rotomolding
    • Thermoforming
    • Recycling
    • Machinery
    • Materials
    • Molds/Tooling
    • Product news
    • Design
    • K Show
    • Mergers & Acquisitions
    • Sustainability
    • Public Policy
    • Material Insights Videos
    • Numbers that Matter
    • Automotive
    • Packaging
    • Medical
    • Consumer Products
    • Construction
    • Processor of the Year
    • Best Places to Work
      • 2023 winners
    • Women Breaking the Mold
    • Rising Stars
    • Diversity
    • Most Interesting Social Media Accounts in Plastics
  • Opinion
    • The Plastics Blog
    • Kickstart
    • One Good Resin
    • Pellets and Politics
    • All Things Data
    • Viewpoint
    • From Pillar to Post
    • Perspective
    • Mailbag
    • Fake Plastic Trees
  • Shop Floor
    • Blending
    • Compounding
    • Drying
    • Injection Molding
    • Purging
    • Robotics
    • Size Reduction
    • Structural Foam
    • Tooling
    • Training
  • Events
    • K Show Livestream
    • Plastics News Events
    • Industry Events
    • Injection Molding & Design Expo
    • Livestreams/Webinars
    • Editorial Livestreams
    • Ask the Expert
    • Plastics News Events Library
    • Processor of the Year submissions
    • Plastics News Executive Forum
    • Injection Molding & Design Expo
    • Plastics News Caps & Closures
    • Women Breaking the Mold Networking Forum
    • Plastics in Automotive
    • Bioplastics Live
    • PN Live: Mergers and Acquisitions
    • Polymer Points Live
    • Numbers that Matter Live
    • Plastics in Politics Live
    • Sustainable Plastics Live
    • Plastics Caps & Closures Library
    • Plastics in Healthcare Library
    • Women Breaking the Mold Networking Forum Library
  • Rankings & Data
    • Injection Molders
    • Blow Molders
    • Film Sheet
    • Thermoformers
    • Pipe Profile Tubing
    • Rotomolders
    • Mold/Toolmakers
    • LSR Processors
    • Recyclers
    • Compounders - List
    • Association - List
    • Plastic Lumber - List
    • All
  • Directory
  • Resin Prices
    • Resin Prices Overview
    • Commodity Thermoplastics
    • High Temperature Thermoplastics
    • Engineering Thermoplastics
    • Recycled Plastics
    • Thermosets
  • Custom
    • Sponsored Content
    • LS Mtron Sponsored Content
    • Conair Sponsored Content
    • KraussMaffei Sponsored Content
    • ENGEL Sponsored Content
    • White Papers
    • Classifieds
    • Place an Ad
    • Sign up for Early Classified
MENU
Breadcrumb
  1. Home
  2. News
July 13, 2021 01:41 PM

Minnesota Rubber and Plastics sees Pawling acquisition as ‘a very good fit'

Jim Johnson
Senior Reporter
Rubber & Plastics News
  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print
    Minnesota Rubber and Plastics
    Minnesota Rubber and Plastics says its acquisition of Pawling Engineered Products adds extrusion to its processes.

    Minnesota Rubber and Plastics is acquiring Pawling Engineered Products, a New York-based maker of custom elastomeric inflatable seal and extruded products.

    Pawling, headquartered in its namesake city, produces highly engineered elastomer products such as inflatable seals and clamps, custom compression seals, gaskets, tubing, extrusion and other elastomeric fabrications, MRP said.

    "This is a 75-year-old company that puts a major focus on material science and then highly specialized custom elastomer solutions for mission-critical applications. That basically fits perfectly into the types of businesses we wanted to be participating in," Dave Furlong, global vice president of sales and marketing for MRP, said in an interview. "From that standpoint, it was a very good fit."

    He pointed to both aerospace and nuclear as examples of two markets Pawling serves that require precision products that cannot fail.

    "We're thrilled to add Pawling, a company with a 75-year history of supplying unique, highly specialized elastomer solutions for mission-critical applications, to our family and believe their dedication to superior in-house product design and custom materials formulation is highly complementary to MRP's capabilities," MRP CEO Jay Ward said in a statement.

    "Innovation is at the heart of what we do, and this acquisition comes at an important time in our company's history, as we're set to expand and invest in technologies that drive highly differentiated value for our customers," he added.

    Pawling President Craig Busby will continue to lead that portion of the company.

    "The potential synergies between the two companies are endless and will allow us to become a better partner for all our stakeholders. We are ready to take this next step," Busby said in a statement.

    Ward said the companies' cultures "align perfectly" and recognize employee engagement and innovation.

    "We're not just acquiring great products and intellectual property; we're adding a great team. We plan to extend ownership participation to all the new colleagues we welcome with Pawling," he said.

    Pawling has been in business since 1946 and includes the Pneuma-Seal brand of inflatable seal, clamp and actuator line of products. Other products include custom elastomer and plastic products, silicone tubing and the Cepure brand of septa and closure liners for the laboratory segment.

    MRP is based in Minneapolis. The company is involved in material compound development as well as engineering, design and manufacturing of custom rubber and thermoplastic components and assemblies.

    MRP sees an opportunity not only to expand its product portfolio through the deal, but also to adopt rubber processing technology not used by the firm in the past, Furlong said.

    "Minnesota Rubber and Plastics is very interested in continuing to enhance our overall product offering to our customers. We also are looking for interesting ways to grow, whether that's organically or inorganically [through acquisitions]," he said.

    Pawling primarily uses extrusion to make its rubber parts, while MRP historically has used injection, compression and transfer molding, Furlong said.

    "Adding the extrusion capabilities opens additional doors to additional product sets and solutions. Certain types of product cannot be injection molded or compression molded effectively, not only from a performance standpoint but also a cost perspective," he said. "Adding that additional capability expands our market even further."

    The companies' customer bases did not overlap prior to the acquisition, so MRP sees an opportunity to sell new products from both sides of the combined business to the other's respective markets.

    "This is a product line enhancement, another tool in our toolkit as we go to market as an elastomer leader in the spaces we play in today," Furlong said.

    Terms of the deal were not disclosed.

    The vice president said Pawling has about 150 employees working in a 50,000-square-foot facility. MRP, prior to the purchase, had about 1,200 employees. There are no plans to make changes to the employment ranks, but Furlong said the company does expect to save some money through the increased buying power of the combined operations.

    MRP adds Pawling to its existing locations in Litchfield, Minn.; Mason City, Iowa; River Falls, Wis.; Reynosa, Mexico; Jiangsu, China; and Pacy-sur-Eure, France.

    RECOMMENDED FOR YOU
    GM, Stellantis give $15 million lifeline to insolvent supplier
    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Plastics News would love to hear from you. Email your letter to Editor at [email protected]

    Most Popular
    1
    Treaty talks stumble on debate over resin production cap
    2
    GM, Stellantis give $15M lifeline to insolvent supplier
    3
    Tekni-Plex starts $8.5M medical expansion in Costa Rica
    4
    Plastics additives one focus in Paris treaty talks
    5
    Resin Prices
    SIGN UP FOR OUR FREE NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Plastics News delivered straight to your inbox, free of charge.

    Subscribe today

    Subscribe to Plastics News

    Subscribe now
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter
    • Instagram

    Plastics News covers the business of the global plastics industry. We report news, gather data and deliver timely information that provides our readers with a competitive advantage.

    Contact Us

    1155 Gratiot Avenue
    Detroit MI 48207-2997

    Customer Service:
    877-320-1723

    Resources
    • About
    • Staff
    • Editorial Calendar
    • Media Kit
    • Data Store
    • Digital Edition
    • Custom Content
    • People
    • Contact
    • Careers
    • Sitemap
    Related Crain Publications
    • Sustainable Plastics
    • Rubber News
    • Tire Business
    • Urethanes Technology
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • News
      • Processor News
        • Injection Molding
        • Blow Molding
        • Film & Sheet
        • Pipe/Profile/Tubing
        • Rotomolding
        • Thermoforming
        • Recycling
      • Suppliers
        • Machinery
        • Materials
        • Molds/Tooling
        • Product news
        • Design
      • More News
        • K Show
        • Mergers & Acquisitions
        • Sustainability
        • Public Policy
        • Material Insights Videos
        • Numbers that Matter
      • Digital Edition
      • End Markets
        • Automotive
        • Packaging
        • Medical
        • Consumer Products
        • Construction
      • Special Reports
        • Processor of the Year
        • Best Places to Work
          • 2023 winners
        • Women Breaking the Mold
        • Rising Stars
        • Diversity
        • Most Interesting Social Media Accounts in Plastics
      • Newsletters
      • Videos
    • Opinion
      • The Plastics Blog
      • Kickstart
      • One Good Resin
      • Pellets and Politics
      • All Things Data
      • Viewpoint
      • From Pillar to Post
      • Perspective
      • Mailbag
      • Fake Plastic Trees
    • Shop Floor
      • Blending
      • Compounding
      • Drying
      • Injection Molding
      • Purging
      • Robotics
      • Size Reduction
      • Structural Foam
      • Tooling
      • Training
    • Events
      • K Show Livestream
      • Plastics News Events
        • Plastics News Executive Forum
        • Injection Molding & Design Expo
        • Plastics News Caps & Closures
        • Women Breaking the Mold Networking Forum
        • Plastics in Automotive
      • Industry Events
      • Injection Molding & Design Expo
      • Livestreams/Webinars
        • Bioplastics Live
        • PN Live: Mergers and Acquisitions
      • Editorial Livestreams
        • Polymer Points Live
        • Numbers that Matter Live
        • Plastics in Politics Live
        • Sustainable Plastics Live
      • Ask the Expert
      • Plastics News Events Library
        • Plastics Caps & Closures Library
        • Plastics in Healthcare Library
        • Women Breaking the Mold Networking Forum Library
      • Processor of the Year submissions
    • Rankings & Data
      • Injection Molders
      • Blow Molders
      • Film Sheet
      • Thermoformers
      • Pipe Profile Tubing
      • Rotomolders
      • Mold/Toolmakers
      • LSR Processors
      • Recyclers
      • Compounders - List
      • Association - List
      • Plastic Lumber - List
      • All
    • Directory
    • Resin Prices
      • Resin Prices Overview
      • Commodity Thermoplastics
      • High Temperature Thermoplastics
      • Engineering Thermoplastics
      • Recycled Plastics
      • Thermosets
    • Custom
      • Sponsored Content
      • LS Mtron Sponsored Content
      • Conair Sponsored Content
      • KraussMaffei Sponsored Content
      • ENGEL Sponsored Content
      • White Papers
      • Classifieds
        • Place an Ad
        • Sign up for Early Classified