Davis-Standard acquires Circonix Technologies
Davis-Standard, LLC has acquired global leader in drive and control system retrofits for converting and extrusion equipment Circonix Technologies of Ringwood, New Jersey.
This recent acquisition extends Davis-Standard’s aftermarket services, supporting the company’s ability to upgrade PLC, drive and mechanical systems on installations around the world including non Davis-Standard brands.
“We’re very excited about the combined forces of Davis-Standard and Circonix,” says Bob Florence, Davis-Standard’s vice president of global sales and marketing. “Our combined capabilities serve to strengthen our ability to co-engineer a broader range of solutions to improve functionality, process efficiency and profitability for our customers worldwide.”
According to Paul Bilotti, sales and marketing manager for Circonix, Davis-Standard’s strength in the industry leverages the ability of both companies to better serve customers. The Circonix organisational structure remains the same including the existing teams and manufacturing facilities.
Furthermore, Davis-Standard also acquires CX Systems which provides turnkey machinery relocations including rigging, electrical, mechanical and plumbing modifications in addition to installations.
“Davis-Standard is the industry leader in both extrusion and converting systems,” explains Bilotti. “Joining their team combines our engineering capabilities and market reach while at the same time broadening our knowledge base. “Our facilities in New Jersey and New York are situated close to Davis-Standard’s R&D laboratories where we can test and validate engineering solutions with our customers.”
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