Minnesota Rubber and Plastics — maker of engineered elastomers and thermoplastics for the medical, water and industrial markets — announced today that it has acquired Pawling, N.Y.–based Pawling Engineered Products.
The financial terms of the deal were not disclosed.
“We’re thrilled to add Pawling, a company with a 75-year history of supplying unique, highly specialized elastomer solutions for mission-critical applications, to our family, and believe their dedication to superior in-house product design and custom materials formulation is highly complementary to MRP’s capabilities,” said Jay Ward, CEO of Minnesota Rubber and Plastics. “Innovation is at the heart of what we do, and this acquisition comes at an important time in our company’s history, as we’re set to expand and invest in technologies that drive highly differentiated value for our customers.”
Pawling’s products include inflatable seals and clamps, custom compression seals, gaskets, tubing, e…