October 27th, 2010

Davis-Standard, LLC Acquires Medical Extrusion Leader Harrel, Inc.


Davis-Standard, LLC announced today a binding agreement to acquire Harrel, Incorporated of Norwalk, Connecticut. Under terms of the agreement, Harrel will move operations to Davis-Standard’s headquarters in Pawcatuck, Connecticut. Davis-Standard will continue to offer the existing Harrel line, and key Harrel employees will remain with the business, including David Madar, Harrel’s President. Madar will join Davis-Standard in a key role to continue customer support for the product line.

“This is a very positive development for Davis-Standard, Harrel, and our joint customer base,” said Jim Murphy, President of Davis-Standard Extrusion Systems. “Harrel is a well-known and respected brand name within the medical products industry. The combination of
Davis-Standard and Harrel will enable our joined forces to more effectively support our customers to serve this growing market segment.”

Harrel is best known for world-class technology for producing close tolerance medical tubing. This includes the closed loop TUBETROL® system, which utilizes tight tolerance closed-loop control of both outside diameter and tubing thickness, as well as a fully integrated extrusion line for bump or taper tubing. Most notably, Harrel offers an alternate polymer system that can produce continuous tube with compositions varying from 100 percent of one polymer to 100 percent of another polymer. This system has been especially beneficial in demanding medical tubing applications to create catheter products with unique design features. Davis-Standard will have this technology available for demonstration at its Technical Center in Pawcatuck.

For more information, contact Jim Murphy at (860) 599-1010 or jmurphy@davis-standard.com.

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