Davis-Standard Acquires Gloucester Engineering
Davis-Standard has announced the acquisition of Massachusetts-based blown film company Gloucester Engineering - a purchase designed to strengthen Davis-Standard’s blown film offerings by adding experienced design and process engineering capabilities, a large installed base and greater aftermarket capabilities. Gloucester has been a respected brand name and innovator for more than 50 years and the acquisition allows customers of each company to access the industry’s premiere blown film technology under one roof.
“We’re excited about combining the strengths and market reach of Davis-‐Standard and Gloucester,” says Jim Murphy, Davis-Standard president and CEO. “Gloucester has always been a strong company, so bringing their technology and engineering expertise to our operation is significant for our combined customer base. It also supports our ongoing goal of continuing to provide equipment and service that improves process efficiency and profitability. We welcome their team to Davis‐Standard.”
Carl Johnson, VP of sales, Gloucester Engineering, adds: “The alignment of our companies leverages our sizeable base of installed equipment with the industry’s best resources for sales, engineering and service. Both companies have a reputation for strong people and strong brands. This is going to be a game changer in the global blown film market. We look forward to delivering the very best the industry has to offer.”