Vip Rubber acquires plastic extrusion unit

Plastic and rubber Co., a custom maker of rubber and plastic material goods in La Habra, Calif., has bought Bandlock-the non-fenestration part of AmesburyTruth's plastic extrusion business.

The acquisition includes a 72,000-sq.-ft. center in Ontario which will allow Vip to provide new or improved solutions, such as laser printing, warm stamp foils, polycarbonate, glow-in-the-dark materials, greater profiles and in-brand notching and punching.

¡°Existing and clients will take advantage of the blending of the two extraordinary businesses with a strengthened infrastructure and improved production capabilities, which include extruded and molded rubber items, and calender sheet rubber,¡± Vip President Howard Vipperman stated in a news release.

Terms of the deal were not disclosed. Vip is undoubtedly a family-owned business founded in 1961. The company had compounding extruder corporate product sales of $22 million in 2014, including $9 million related to pipe, tubing and profile, which placed it 141st among UNITED STATES PPT extruders, according to a ranking

by Plastics News, a sister publication of Rubber & Plastics News. AmesburyTruth, a manufacturer of home window and door components for residential and industrial applications, is usually a subsidiary of London-based upon Tyman P.L.C., which trades on the London Stock Exchange.

About 80 percent of Vip's PPT sales last year were in profiles and 20 percent in tubing for a number of end markets which range from appliances and aerospace to windows and weather-stripping. The company had 25 employees working eight making lines, according toPlastics News' info.

Vip's employees grew by about 50 staff with the acquisition.

¡°(They) remain employed and working at that Ontario center,¡± Vip Advertising Vice President Cindy LeClair stated in an email. ¡°We won't keep the Bandlock name. It'll be absorbed into the Vip Rubber and Plastic name.¡±

AmesburyTruth retains the fenestration custom made extrusion business, several Ontario workers and the Bandlock Couplers business. The company includes a U.S. bottom in Edina, Minn., and facilities throughout North America producing home window and door extrusions, hardware and sealing devices for leading door and windows manufacturers.

AmesburyTruth will consolidate extrusion operations for fenestration products in Cannon Falls, Minn., where the service was upgraded to satisfy future demand. An engineering team gets results there with a concentrate on material evaluation also, process improvement and product design for fenestration consumers.

¡°Our goal is usually to be North America's No. 1 supplier of windowpane and door components,¡± AmesburyTruth President Jeff Graby explained in a news discharge. ¡°We're aligning our organization to end up being the premier company of fenestration parts, and streamlining our making efficiencies to improve our capabilities.¡±

The Bandlock Couplers business already has relocated from California to the company's operations in Fremont, Neb., that provides metallic fabrication and manufactures couplings and fittings for the vacuum industry.

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