Pipe-Profile-Tubing
The company's plan to extrude polyethylene pipes in North Carolina calls for a 128,000-square-foot plant and 168 new jobs.
The company plans to replicate its Arizona plant in Washington state to produce ABS pipe for drain, waste and vent applications, and polyethylene gas pipe.
The Wayne, Pa.-based company, with a new CEO, has grown signficantly over the past year through a series of transactions.
When Teel Plastics LLC was asked to boost output for test swabs, it immediately began running the parts 24/7 and then added even more extruded and injection molded swab capacity. The company has made more than 2 billion swabs since the start of the pandemic.
ADS will double number of production lines and create 25 jobs while using 14 acres of newly purchased land nearby for raw material storage and parking.
Odyssey Investment Partners has acquired a profile and tubing manufacturer it had owned until 2017 from AEA Investors.
A private equity firm that already owns 49 percent of common stock will buy the remaining shares of North America's largest exterior building products manufacturer.
The Manitoba-based company installed its first extrusion line in North America to make products for water, geothermal and cable applications.
