Gleason Acquires K2 Plastics
September 7, 2011
Gleason Corporation has announced it has acquired the assets and business of K2 Plastics, Inc., of Bergen, New York, a producer of precision plastic gears and other complex plastic parts. K2's products are sold to a diverse set of markets, including electronics, medical equipment, power and air tools and others, using its "no weld-line technology" to achieve superior strength and accuracy for its plastic injection molded parts. K2 also provides comprehensive engineering consultation from design to material selection to prototyping. John J. Perrotti, president and chief executive officer of Gleason Corporation says "We are pleased and excited to have K2 Plastics join our company. Both companies are technology leaders within the gear industry and we believe that benefits from the synergies between the two companies will allow each to extend their market reach." Gleason will retain K2 Plastic's existing management team, and Gleason's newly-formed Gleason-K2 Plastics Division will continue to operate at K2 Plastic's current manufacturing facility in Bergen, New York.
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| Gleason Corporation|
Gleason Corporationís mission is to be The Total Gear Solutions Providerô to its global customer base. Gleason is a world leader in the development, manufacture and sale of gear production machinery and related equipment. The Companyís products are used by customers in automotive, truck, aircraft, agriculture, mining, energy, construction, power tool and marine industries and by a diverse set of customers serving various industrial equipment markets. Gleason has manufacturing operations in Rochester, New York; Rockford, Illinois; Dayton, Ohio; Munich and Ludwigsburg, Germany; Studen, Switzerland; Bangalore; India, and Suzhou, China and has sales and service offices throughout North and South America, Europe and in the Asia-Pacific region. ...Read more Or visit www.gleason.com