DAILY NEWS Jan 14, 2013 3:17 PM - 0 comments

Ontario's Exco Technologies buys BE&H Extrusion Dies

TEXT SIZE bigger text smaller text
2013-01-14

Markham, Ont.-based die cast and extrusion equipment maker Exco Technologies Limited has purchased BE & H Extrusion Dies, an extrusion die manufacturer located in Wylie Texas.

The purchase price was approximately $1.5 million.

BE & H services the south-central region of the U.S. and will be operated as Exco Texas.

According to Exco, the acquisition will increase its group sales by approximately five per cent.

“The acquisition of Exco Texas, in addition to bolstering our presence in the south-central region of the United States, will provide additional and much needed capacity to the group in order to meet the resurgent demand for extrusion dies as the U.S. recovery continues to take root,” the company said in a statement.

Exco currently services the North American extrusion tooling market, including a number of automotive industries, from their Markham plant and one in Chesterfield, Mich.



Horizontal ruler

Horizontal Ruler

Post A Comment

Disclaimer
Note: By submitting your comments you acknowledge that Canadian Plastics has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that due to the volume of e-mails we receive, not all comments will be published and those that are published will not be edited. However, all will be carefully read, considered and appreciated.

Your Name (this will appear with your post) *

Email Address (will not be published) *

Comments *



* mandatory fields