VANDALIA, Ill. (Aug. 5)—Rubber and plastic molder Ritus Corp. has purchased John Crane Inc.´s Vandalia molding plant to help bolster its rubber seal production capabilities.
The acquisition—effective July 25—provides Ritus access to new markets with valuable cross-selling opportunities, a company spokeswoman said. Ritus—a longtime John Crane suppler—also found the Vandalia team´s advanced technical engineering, speed-to-market and quality production capacity appealing, she said.
The cost of the transaction was not disclosed.
The operation is now known as VanSeal Corp., a "brand new name to establish a unique face and voice to the marketplace," the company said. VanSeal has a long-term agreement with John Crane to make its components, and will be the largest brand designer and manufacturer of John Crane-brand seals, the spokeswoman said.
The newly formed unit also will sell sealing solutions under the new VanSeal brand name and plans to build on its design engineering reputation as a premier custom rubber molded components supplier, she said.
The 130,000-sq.-ft. Vandalia plant will employ 100-plus and have the same management team, led by General Manager Glen Hobbie. VanSeal´s manufacturing capabilities include compression, transfer and injection molding, cryogenic deflashing, precision trimming, flash-free tooling, automated assembly, automated vision inspection, and both metal- and plastic-to-rubber bonding.