Atkore | June 23, 2022
Atkore Inc. today announced the acquisition of United Poly Systems, a manufacturer of High Density Polyethylene (HDPE) pressure pipe and conduit serving the telecom, water infrastructure, renewables, and energy markets.
We are pleased to complete the acquisition of United Poly Systems, which strengthens Atkore’s product portfolio, expands our manufacturing capacity and further enables us to meet HDPE customers’ needs, HDPE pipe and conduit is a growing market that is expected to benefit from U.S. infrastructure legislation, and United Poly Systems is a great addition to Atkore. We welcome these employees and look forward to working together to continue to serve and support our customers.”
John Pregenzer, President of Atkore’s Electrical business.
The acquisition of United Poly Systems advances our objective announced in November 2021 to deploy more than $1 billion in cash toward capital expenditures and other organic investments, M&A and stock repurchases over the next two to three years to drive growth and enhance value for shareholders. United Poly Systems exemplifies our approach to acquiring strong businesses in key end markets that will enable us to maintain and expand our leadership position in the marketplace.”
Bill Waltz, Atkore President and CEO.
The company notes that United Poly Systems is the company's fourth acquisition in Fiscal Year 2022 and has invested more than $250 million in M&A over the last six months.
United Poly Systems employs approximately 160 people at its manufacturing facilities in Springfield, Missouri and Albuquerque, New Mexico. It will remain open at both locations. Industrial Opportunity Partners, an operations-focused private equity firm based in Evanston, Illinois, previously owned United Poly Systems.
AHF Products | July 14, 2022
AHF Products announced today that it has received bankruptcy court approval to purchase certain assets of Armstrong Flooring, Inc., strengthening AHF Products' leadership position in resilient flooring solutions and adding another gear to its expanding commercial market business. The purchase includes the purchase and operation of three U.S. manufacturing facilities, in Lancaster and Beech Creek, PA and in Kankakee, IL.
"Our investments in new brands, products and capabilities, both organically and through acquisitions, has fueled our growth. Our strategic acquisitions have been a key driver in expanding both our reach and product offering to provide our customers with industry-leading commercial and residential products, including hardwood, resilient and laminate. That is, and will continue to be, our strategy moving forward, Our ongoing commitment is to create products that bring more value to our customers, across categories. Our stable of top brands allows us to bring our channel partners the right style, value, innovation and marketing to enable them to differentiate themselves and grow market share. We will continue to be a leader and a one-stop-shop for our customers."
-Brian Carson, President and CEO, AHF Products.
Since its inception, AHF Products has grown rapidly in both the residential and commercial flooring segments by innovating and broadening its product offerings through its world class brands, manufacturing capabilities and channels of distribution.
AHF Products continues to invest in U.S. manufacturing and this purchase expands AHF Products' domestic footprint, enhancing the company's customer base, production efficiencies and logistical capabilities. Ten U.S. facilities mean sustaining American manufacturing jobs and boosting local economies. Further, the company's domestic production capacity provides insulation from volatility around tariffs, duties and high shipping costs, which positions AHF Products to continue providing superior customer service given the dislocated global supply chain.
AHF Products is well situated to continue its remarkable growth trajectory through continued innovation and industry-leading customer service. Headquartered in Mountville, Pa., AHF Products is a leader in hardwood, vinyl plank, laminate and commercial products. After acquiring the Armstrong assets, the company will operate 11 manufacturing facilities – seven wood plants and three vinyl facilities in the U.S., and one engineered hardwood plant in Cambodia. Three domestic distribution facilities serve customers through a multi-channel strategy that includes dealers, home centers and distributors.
About AHF Products-
AHF Products is a leading hardwood flooring manufacturer in the USA with a family of trusted brands serving the residential and commercial hardwood and vinyl flooring markets. With decades of experience in award-winning wood flooring design, product development, manufacturing and service, we create quality flooring to last for generations through inspiring designs, product innovation and a deep commitment to outstanding customer service. Our residential flooring brands include Bruce®, Hartco®, Robbins®, LM Flooring®, Capella®, HomerWood®, Hearthwood®, Raintree®, Autograph™, Emily Morrow Home™ and tmbr®. Our commercial brands include Bruce Contract™, Hartco Contract™, AHF Contract™ and Parterre®. Headquartered in Mountville, Pennsylvania, with manufacturing operations across the United States and in Cambodia, AHF Products employs over 2,600 dedicated team members
3D Systems | August 09, 2022
Today, 3D Systems (NYSE:DDD) announced that it has entered an agreement to acquire dp polar GmbH, the German-based designer and manufacturer of the industry’s first additive manufacturing system designed for true high-speed mass production of customized components. Central to dp polar’s patented continuous printing process is a large-scale, segmented, rotating print platform that eliminates the start/stop operations of virtually all additive manufacturing platforms. Traditional printers operate on a Cartesian Coordinate system in which the print head moves sequentially from point to point throughout component production. With dp polar’s technology and patented polar coordinate control, the print heads remain stationary above the rotating platform, providing a continuous print process. This approach not only dramatically speeds component production but also minimizes wear and vibration associated with traditional print head motion. With this modular approach, the rotating platform can be mated with a variety of printing technologies and can even accommodate pick-and-place robotic systems that can embed electronics or other features into the body of the component as it is printed. With this acquisition, 3D Systems will leverage its industry-leading polymer materials portfolio as well as Oqton’s software technology to bring true high-speed, mass production additive manufacturing to a breadth of industries including aerospace, automotive, foundries, consumer goods, and healthcare.
“This acquisition is the next step in executing on our investment strategy to provide our customers with an industry-leading additive manufacturing solutions portfolio to address their critical applications challenges, dp polar has designed a very unique system that provides true high-volume production. The ability to print a broad range of materials, alongside the printer’s modular design that enables multiple processes in one high-speed platform not only increases productivity by orders of magnitude but also reduces the total cost of ownership. Particularly impressive is the level of machine intelligence embedded in the platform’s operating system, which enables continuous operation across the large, rotating print platform. This unique capability is central to the exceptional throughput, economics, and versatility of dp polar’s 3D printing system. By combining our renowned polymer materials portfolio with this first-to-market high-speed production technology, I believe we’ll affect a monumental shift in production workflows for high-value applications in industrial and healthcare markets.”
-Dr. Jeffrey Graves, president and CEO, 3D Systems.
The printing process designed by dp polar allows for simultaneous application of different materials to precisely define the desired performance properties in components – such as elasticity, hardness, temperature resistance, or coloring – with high precision. The high-speed additive manufacturing solution can integrate pre-processing, production, and post-processing elements, and seamlessly connects with ERP systems. This enables end-to-end traceability and quality assurance which is vital for applications in highly regulated markets such as aerospace and healthcare.
“As the founder of dp polar GmbH, I am very excited about the unique opportunity to work with a leading provider of highly professional 3D printing systems, The synergy that results from the combination of our two companies is particularly valuable: the mass production solutions meet a range of industrially mature AM materials. With additive manufacturing, the industry is now getting the chance for real mass production for the first time.”
-Hans Mathea, CEO, CTO and founder, dp polar GmbH.
About 3D Systems:
More than 35 years ago, 3D Systems brought the innovation of 3D printing to the manufacturing industry. Today, as the leading additive manufacturing solutions partner, we bring innovation, performance, and reliability to every interaction - empowering our customers to create products and business models never before possible. Thanks to our unique offering of hardware, software, materials, and services, each application-specific solution is powered by the expertise of our application engineers who collaborate with customers to transform how they deliver their products and services. 3D Systems’ solutions address a variety of advanced applications in healthcare and industrial markets such as medical and dental, aerospace & defense, automotive, and durable goods.
About dp polar:
Founded in 2014, dp polar is a dynamic, rapidly growing, technology-oriented company based closed to Karlsruhe/Germany. We design, develop and deliver 3D printing systems for additive mass manufacturing for industrial and healthcare applications. Using our patented High-Speed Rotative AM Process (HSR), we achieve unprecedented industrial AM productivity. We offer a comprehensive solution to automate and productively integrate additive manufacturing into the validatable end-to-end overall process. The complete documentation guarantees continuous traceability. Track-and-trace coding ensures the finished print object is forgery-proof at highest quality standard. Everything we do, we believe in challenging the status quo. We believe in thinking differently.