NEW CASTLE, Pa. -- Xaloy Inc. has expanded its product line for the plastics industry with the acquisition of Dynisco Extrusion LLC, Hickory, N.C. The former owner of Dynisco Extrusion, Dynisco LLC, Franklin, Mass., is continuing to operate as an independently owned global leader in pressure and temperature measurement and control products and testing equipment for the plastics industry.
The acquisition of Dynisco Extrusion adds gear pumps, screen changers, cleaning ovens and water ring pelletizers to Xaloy's line of high-performance screws, bimetallic barrels and heat-transfer rolls used in extrusion processes.
Following the acquisition, Xaloy is consolidating sales and service of all of its extrusion equipment in a new business unit, Xaloy Extrusion, based in Hickory, N.C. Randy Pearson, the former president of Dynisco Extrusion, heads up the new Xaloy unit.
"This acquisition makes Xaloy an even stronger supplier and resource for the extrusion industry," said Walter Cox, president and CEO of Xaloy. "Randy Pearson and others from Dynisco Extrusion are great assets for the Xaloy team."
Pearson commented: "The merger combines the extrusion technology and engineering expertise of two leaders in their respective fields. That makes it a real winner for customers."
Manufacturing, laboratory, spare parts and other operations in North Carolina and Heilbronn, Germany are included in the acquisition. The Heilbronn operations, now co-located at a Dynisco site, will be moved to a nearby location in Germany at a later date.
In addition to complementing Xaloy's product offering, the acquisition fits well with Xaloy's global reach. Xaloy now manufactures equipment in Germany as well as Thailand and the United States. Dynisco Extrusion's sales offices in Germany and Italy complement Xaloy sales and service locations in Japan, Thailand, China, India and Germany. Xaloy also has a network of independent agents throughout the world.
Xaloy is the global leader in machine components and sub-systems for the plastics industry. The company developed the world's first wear-resistant bimetallic barrels in 1938 and maintains global leadership in that field. A major player in screws since 1988, Xaloy strengthened its position in high-performance screws and became a manufacturer of heat transfer rolls with the acquisition in 2003 of New Castle Industries, New Castle, Pa.
