Value Plastics, manufacturer of plastic tubing connectors, announced today that they have been acquired by Nordson Corporation, one of the world's leading producers of precision dispensing equipment that applies adhesives, sealants, coatings and other materials in a broad range of manufacturing processes.
Nordson Corporation Acquires Value Plastics
Fort Collins, Colorado – August, 2011
Value Plastics, manufacturer of plastic tubing connectors, announced today that they have been acquired by Nordson Corporation, one of the world’s leading producers of precision dispensing equipment that applies adhesives, sealants, coatings and other materials in a broad range of manufacturing processes. Value Plastics will operate within Nordson’s Advanced Technology Systems segment, where Nordson serves the healthcare industry with expertise in a variety of applications including biomaterial dispensing, dental molding, glucose test strip production, and catheter, stent, and pacemaker assembly. Nordson has direct operations and sales support offices in more than 30 countries.
Value Plastics looks forward to leveraging Nordson’s global presence to provide additional capabilities, products, and services that will benefit their customers. Bruce Williams, President of Value Plastics, says, “We’re excited to join Nordson Corporation and to be part of the Advanced Technology Systems segment. This is an excellent fit for our organization given Nordson’s forward-looking approach, commitment to operational efficiency and continuous improvement, and their global footprint. We look forward to leveraging their established sales channels into various industrial markets and also believe that Nordson will help strengthen our position as the preferred component supplier to the healthcare industry.”
“Value Plastics has generated outstanding growth over an extended period by providing differentiated, single-use, precision molded plastic components that are delivered through a highly efficient sales process and supported by exceptional customer service,” said Nordson President and CEO Michael F. Hilton. “In addition, Value Plastics supports Nordson’s strategic objective of building upon our medical and life sciences platform and complements our existing growing positions in biomaterial delivery devices and medical device assembly. Value Plastics is an ideal addition to the Nordson portfolio, where our global reach and infrastructure will provide opportunities to leverage the business’ profitable growth beyond its primary domestic markets served and into general industrial markets.”
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Value Plastics, Inc. makes and markets an innovative line of fluid management components designed specifically for flexible tubing. Products designed and manufactured include quick connect fittings, luer fittings, check valves, tube-to-tube fittings, threaded fittings and blood pressure monitoring components. Value Plastics products find global application in demanding healthcare OEM, research and specialty industrial applications.
For further information, please contact Will Stone, Marketing Communications Manager, at (970) 267-5221 or [email protected]. Value Plastics, Inc., 3325 South Timberline Road, Fort Collins, Colorado 80525, phone (970) 267-5200, toll free in U.S.A. (888) 404-5837, fax (970) 223-0953, http://www.valueplastics.com.
Nordson Corporation (Nasdaq: NDSN) is one of the world's leading producers of precision dispensing equipment that applies adhesives, sealants, coatings and other materials to a broad range of consumer and industrial products during manufacturing operations. The company also manufactures equipment used in the testing and inspection of electronic components as well as technology-based systems for curing and surface treatment processes. Headquartered in Westlake, Ohio, Nordson has direct operations and sales support offices in more than 30 countries.
