Tekni-Plex Acquires Dunn Industries
Tekni-Plex Inc. (tekni-plex.com) has acquired Dunn Industries, Inc., manufacturer of specialty extrusion tubing for medical device applications. Dunn, based in Manchester, N.H., is known for its tight tolerance, small diameter medical device tubing. Dunn has expertise in a wide range of thermoplastic materials and offers both standard and custom-engineered tubing solutions.
Its product line complements the microextrusion tubing manufactured by Tekni-Plex’s Natvar business unit. Going forward, it will be known as Dunn Industries, a Tekni-Plex business, with Dunn’s former president Duane Dunn as general manager.
“Tekni-Plex already has a significant stake in the medical device market via its Colorite medical compounds and Natvar medical tubing business. We are now looking to grow the number of solutions we provide by expanding our product offering and manufacturing capabilities. With speed-to-market a critical concern in this market sector, as well as the desire for additional support from suppliers, this acquisition will help make Tekni-Plex an even stronger partner to medical device companies around the world,” said Paul J. Young, president and chief executive officer, Tekni-Plex.
The acquisition will augment the non-PVC materials in the Tekni-Plex portfolio, such as polyurethane, PEEK, acetyl, nylon, EVA and TPE.