Rhino Linings Corporation (“Rhino”) has announced the acquisition of Tobin Manufacturing, LLC (“Tobin”). Tobin equipment dispenses polyurethane elastomers, epoxies and foams into molds for high volume production. The acquisition provides Rhino with a wider customer base and a stronger market position in the polyurethane industry.
“This acquisition strengthens our commitment and position as one of the leading polyurethane systems houses. Tobin Manufacturing’s equipment portfolio fits well with our existing plans for expansion into the custom molding industry. We see great potential in this part of the industry." said Pierre Gagnon, president and CEO of Rhino Linings Corporation.
Tobin designs and manufactures easy-to-maintain dispensing equipment using positive displacement piston rod metering pumps feeding dynamic, static or impingement mixers for processing temperature controlled or hot cast products. This equipment is typically used for casting or injection molding castor wheels, fuel tank liners, automotive body styling kit components, foam and elastomer filter gaskets, rotationally molded mannequins and myriad other parts.
Tobin will relocate its operations to the Rhino facilities in San Diego, California.
Terms of the acquisition were not released.
