AURORA, Ohio, Dec. 3, 2012 /PRNewswire/ -- Saint-Gobain Performance Plastics has completed the acquisition of Twin Bay Medical, a Michigan based innovator and manufacturer of BarbLock® products - flexible tube retainers - as well as single-use components for biopharmaceuticals manufacturing. This acquisition expands Saint-Gobain's capabilities as a full service provider for the biopharmaceutical industry. Twin-Bay Medical's production facility located in Williamsburg, Michigan, its development organization, and all of the employees currently working for the company are included in the transaction.
"The acquisition of Twin-Bay Medical enables us to continue to bring innovative solutions to the market, especially for single-use biopharmaceutical manufacturing for which Twin Bay Medical has consistently been developing new and unique products to meet the challenges of this new industry. Twin Bay Medical and Saint-Gobain share the same passion for customer service, with a strong emphasis on quality and reliability. Thanks to Saint-Gobain's global reach, combining the companies will allow us to partner with our global customers wherever they operate. We are also very pleased that Twin Bay Medical's founder, Al Werth, will continue to work with us and will keep bringing innovation within the space of single-use biopharmaceutical manufacturing," says Michael Cahill, Vice President of Saint-Gobain Performance Plastics' Fluid Systems division.
Saint-Gobain, the world leader in the habitat and construction markets, designs, manufactures and distributes building materials providing innovative solutions to meet the challenges of growth, energy-saving and environmental protection. With 2011 sales of $54 billion, Saint-Gobain operates in 64 countries and has nearly 195,000 employees. World leader in high performance plastics, Saint-Gobain Performance Plastics is headquartered in Aurora, Ohio (USA). The company employs 4,500 employees in 16 countries. Its product offer includes films, foams, coated fabrics, bearings, seals and fluid systems.
About Saint-Gobain in North America
Saint-Gobain has its North American headquarters in Valley Forge, Pennsylvania. As the world leader in sustainable habitat, Saint-Gobain is committed to inventing solutions to help professionals and communities around the world build and renovate comfortable, healthy, economical and energy-efficient buildings. The company has more than 265 locations in North America and approximately 19,000 employees. In the United States and Canada, Saint-Gobain reported sales of approximately $7.7 billion in 2011. Including Twin Bay, in Michigan, Saint-Gobain has more than 400 employees in 10 facilities across the state.
Rob Schwenker, Saint-Gobain
|SOURCE Saint-Gobain Performance Plastics|
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