In a tape-making deal, Sur-Seal Corp. is acquiring Ameritape, a Jacksonville, Fla.-based maker of products for the aerospace industry.
"Ameritape's capabilities and focus on aerospace applications are a great complement to Sur-Seal's existing business. The combined engineering capabilities, materials expertise and manufacturing excellence will allow both companies to provide their existing and new customers with a more comprehensive solutions offering," said James Sidwa of Heartwood Partners, Cincinnati-based Sur-Seal's primary investor.
The Jacksonville site joins Sur-Seal locations in Cincinnati, Harrison, Ohio, San Pedro Garza Garcia, Mexico, Suzhou, China, Charlotte, N.C., and Dover, N.H.
The new location specializes in custom die cutting, slitting, laminating and CNC cutting, Sur-Seal said.
"The acquisition of Ameritape expands Sur-Seal's engineering capabilities, including performance materials expertise and enhanced manufacturing techniques," Sur-Seal said in a statement, adding the acquisition expands customer relations in the South.
"Their similar end market exposure and competitive positioning to Sur-Seal means that the Ameritape team will be able to partner fluidly with Sur-Seal to provide customers with sophisticated engineering solutions. We value Ameritape's aerospace expertise and look forward to combining our capabilities for a comprehensive offering," Sur-Seal CEO Dana Waterman said in a statement.
Sur-Seal makes a wide variety of products aside from tapes, including seals, gaskets, die-cut plastics, tubing, specialty foams, silicone pads, weatherstripping, cushioning foams and pads.