Tekni-Plex, a leading global manufacturer of innovative packaging materials, medical compounds and precision-crafted tubing solutions, is commemorating its 50th anniversary by celebrating its corporate milestones and looking toward the future.
Founded in 1967 in Brooklyn, N.Y., the company now has a global footprint of 29 manufacturing facilities in eight countries. Its business units include Colorite (medical-grade compounds), Natvar (medical device tubing), Tekni-Films/Gallazzi (thermoformable and flexible films, lidding foils and pouch materials), Tri-Seal (closure liners), Action Technology (aerosol and pump dispensing system components) and Dolco (egg cartons, fruit trays).
“For the past decade, Tekni-Plex has amplified its global presence substantially through both organic growth and acquisitions. Our goal was to build on the legacy of our past business achievements to create a customer-focused, world-class organization,” said Paul Young, chief executive officer. “Our 2,500 employees—in Belgium, China, Costa Rica, Germany, India, Italy, Northern Ireland and the United States—are dedicated to bringing leading-edge solutions to the medical, pharmaceutical, personal care, household and industrial and food and beverage industries worldwide.”
To support continuing that growth, Tekni-Plex has invested in a leading-edge Global Technology Center that uses advanced polymer technologies to develop the latest solution-driven materials. Additionally, multiple acquisitions—including Top-Seals, Tech-Seal, Ghiya Extrusion, Gallazzi and Sancap—were added to the portfolio in the past decade. Several manufacturing sites also began production including Cartago, Costa Rica (Natvar); Holland, Ohio (Tekni-Films); Wujiang, China (Colorite and Natvar) and Kundli, India (Tri-Seal).
“As we celebrate the accomplishments of the past five decades, we also want to extend our appreciation to our customers who entrust us to provide advanced polymer solutions to them every day, around the world. We will continue to work hard to earn their business over the next 50 years,” Young concluded.