SEAFORD, Del. (July 19, 2010)—Flow Smart Inc. has acquired the wire- and fabric-reinforced hose business of the Gore PharmBio Products division of W.L. Gore and Associates.
Seaford-based Flow Smart said the deal, for an undisclosed sum, will give it all the hose production equipment, inventory and other peripherals of Gore PharmBio's hose activities, located in Elkhorn, Md. Several sales and production personnel will be added to the Flow Smart staff, the firm said.
The ownership change will take several months to complete.
Flow Smart said it will focus on implementing manufacturing of the product as it currently is offered, and once demand is met, it will enact process changes to improve repeatability.
The recently initiated partnership between Flow Smart's principles and the Linus Tooling Inc. machine shop also will help in integrating the hose-fitting and crimping program, Flow Smart said.
Flow Smart is a distributor-oriented polymer manufacturer of seals are used in the biotechnology, pharmaceutical and food-process industries.