Norris Cylinder makes ‘opportunistic’ acquisition


Norris Cylinder, a subsidiary of TriMas Corporation (TRS), has completed the acquisition of the Huntsville assets of Taylor-Warton International (TWI).

Norris Cylinder instigated a purchase agreement on 30th April 2010 pending approval by the court overseeing TWI’s bankruptcy filing, which was finalised by 9th June 2010.

During the contract, Norris acquired the Huntsville, Alabama facility; a plant which manufactures acetylene cylinders, small and intermediate high-pressure cylinders, as well as speciality cylinders. Jerry Van Auken, President of Norris Cylinder, commented, “This combination positions Norris Cylinder as the premier manufacturer of cylinders for the industrial market, as well as the leading provider of highly-engineered specialty cylinder products.”

“While the synergies between these two businesses are significant, we are most excited about the ability to expand our product offering to our existing customers, as well as bringing new customers to Norris. We are also pleased to welcome the employees of the Huntsville operation into the Norris family.”

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...