From Rubber & Plastics News
Vandalia, Illinois-Rubber and plastic moulder Ritus Corp. has purchased John Crane Inc.’s Vandalia molding plant to help bolster its rubber seal production capabilities.
The deal-effective 25 July-provides Ritus access to new markets with valuable cross-selling opportunities, a company spokeswoman said. Ritus-a longtime John Crane suppler-also found the Vandalia team’s advanced technical engineering, speed-to-market and quality production capacity appealing, she said.
The cost of the transaction was not disclosed.
The operation is now known as VanSeal Corp. VanSeal has a long-term agreement with John Crane…