is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Minnesota Rubber and Plastics Acquires Pawling Engineered Products

Image: iQoncept/Adobe Stock M&A on stock-market-like ticker
Acquisition strengthens material-science expertise in custom elastomer products for the medical, water, and industrial end markets.

Minnesota Rubber and Plastics, a supplier of engineered elastomers and thermoplastics to the medical, water, and industrial end markets, announced today the acquisition of Pawling Engineered Products. The Pawling, NY–based business provides custom elastomeric inflatable seal and extrusion services.

“We’re thrilled to add Pawling, a company with a 75-year history of supplying unique, highly specialized elastomer solutions for mission-critical applications, to our family, and believe their dedication to superior in-house product design and custom materials formulation is highly complementary,” said Jay Ward, CEO of Minnesota Rubber and Plastics (MRP). “Innovation is at the heart of what we do, and this acquisition comes at an important time in our company’s history, as we’re set to expand and invest in technologies that drive highly differentiated value for our customers.”

Pawling’s product portfolio includes a range of engineered elastomer products, including inflatable seals and clamps, custom compression seals, gaskets, tubing, and other elastomeric fabrications designed for critical and demanding applications.

The addition of Pawling’s capabilities will complement MRP’s existing offerings for the medical device, water, food and beverage, transportation, and other sectors. The 76-year-old company is specialized in designing, developing, manufacturing, and assembling products for harsh environments, tight tolerances, and technically demanding applications, including multi-material solutions and custom material formulations.

Minnesota Rubber and Plastics will exhibit at Medical Design & Manufacturing (MD&M) West in Anaheim, CA, at booth 3268. MD&M West is co-located with Plastec West, WestPack, ATX West, and D&M West at the Anaheim Convention Center on Aug. 10 to 12, 2021. Go to the MD&M website for more information.

“The Pawling team is extremely excited about this opportunity. The potential synergies between the two companies are endless, and will allow us to become a better partner for all our stakeholders,” said Craig Busby, President of Pawling.

“The cultures at MRP and Pawling align perfectly, recognizing employee engagement and market-driven innovation as the cornerstones of success,” added Ward. “We’re not just acquiring great products and intellectual property — we’re adding a great team. We plan to extend ownership participation to all the new colleagues we welcome with Pawling,” said Ward.

Busby will continue to lead Pawling, reporting into the MRP organization.

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish