HAOYING ACQUISITION BY DYNISCO

Dynisco, a global leader in measurement and control technology for plastics processing, has announced completion of the purchase of the assets of Shanghai Hao-Ying Measurement & Control Technology Co., Ltd. The acquisition positions Dynisco to increase an already strong position in the booming China market.

“We are very excited about the opportunities that will open up with the acquisition of Hao-Ying,” said Matthew Carrara, Vice President, Dynisco Plastics Segment. “This acquisition builds on the strong brand reputation with Chinese companies who need the highest levels of accuracy and reliability and with companies making extrusion equipment for export to Europe or the United States.”

Hao-Ying is one of the top two Chinese producers of temperature sensors, melt-pressure transducers, transmitters and gauges, and other instrumentation used in plastics extrusion and related processes. The platform for business going forward, will be known as Dynisco China, and will continue to be led by the existing leadership team and employees under the direction of Wu Hao, the current General Manager. Dynisco China will make and sell products under the Hao-Ying brand name as well as the Dynisco brand.