Machinery giant Barry-Wehmiller acquires slitter maker Stanford Products

-- Converting Magazine, 10/10/2007 11:54:00 AM

St. Louis-based Barry-Wehmiller Cos., Inc. acquires the assets Oct. 9 of slitter/rewinder system manufacturer Stanford Products LLC of Salem, IL. The business will be integrated with Accraply, a Barry-Wehmiller division headquartered in Minneapolis, to create a nearly $50-million company in labeling technology with multiple locations in the US and Canada.

For more than 60 years, Stanford Products has been a respected manufacturer of slitting, rewinding and inspection equipment for the packaging and converting industries. In addition, Stanford has a major position in machinery for the manufacture of shrink-sleeve labels.

"Combining the Stanford business with Accraply's extensive capabilities will greatly enhance our position in the growing shrink-sleeve label market and will expand our product offerings in both our new and traditional label and converter markets," says Accraply president Greg Tschida.

"We're very excited about joining forces with Barry-Wehmiller and Accraply for the continued success of our combined businesses," adds Stanford president Séamus Lafferty. "The similarities in our approach to taking care of customers, and our respective desires to be market leaders is certain to create synergies and push us to higher levels of achievement."

The Stanford acquisition marks the 42nd acquisition for Barry-Wehmiller in the last 20 years and will result in annual revenues topping $1 billion for the first time in Barry-Wehmiller's 122-year history. In the converting space, B-W also owns Paper Converting Machine Co. (www.pcmc.com), which provides converting, printing, and packaging technologies for the tissue, nonwovens, and flexible-packaging industries.

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