Husky Injection Molding Systems

From WikiPETia.info

Husky Injection Molding Systems Ltd.
Founded 1953
Founder Robert Schad
Headquarters Bolton, Canada
Area served
>100 countries
Key people
John Galt (CEO)
Owner Berkshire Partners LLC and OMERS Private Equity Inc.
Number of employees
~4000 (2016)
Website www.husky.co

Company Profile

Husky Injection Molding Systems Ltd. is a global supplier of injection moulding equipment and services to the plastics industry. Headquarters are in Bolton, Ontario, Canada

With more than 40 service and sales offices and employing approximately 4,000 people worldwide, Husky supports customers in over 100 countries. Main manufacturing facilities are located in Canada, the United States, Luxembourg, Austria, Switzerland, China, India and the Czech Republic.

Equipment supplied by Husky is used to produce a wide range of products for the beverage packaging, closures, thin wall packaging, medical, and consumer electronics markets.

Husky services include preform development, factory planning, customer training, systems integration and complete asset management.

The company 's main focus are PET processing systems for beverage packaging products.

Products / Technology

Products, systems and services related to the PET industry are:

  • HyPET: Flexible preform injection molding systems for every application and volume
  • HyCap: Complete turnkey systems for high output beverage closure manufacturing
  • Moulds:
    • Preform tooling and services
    • Beverage closure moulds
    • Specialty closure moulds
  • Hotrunners / controllers
  • Software

History

The company was founded in 1953 by Robert Schad, a German immigrant to Canada. Husky was initially a small machine shop with no ties to the plastics industry.

Husky Injection Molding Systems Ltd. was a publicly traded company from 1998 to 2007. Owning 44% of the company's stock, Robert Schad was the controlling shareholder. The company's common shares were listed on the Toronto Stock Exchange.

On December 13, 2007, the Canadian private equity investment firm Onex Corporation completed a friendly buy-out of Husky.

Onex announced on November 17, 2009, that it planned to sell its stake in Husky in a new initial public offering though it did not sell during that time.

On December 17, 2010, it was reported that Onex had started talks to sell Husky to rival buyout firms.

Berkshire Partners LLC, the Boston based private equity firm, and OMERS Private Equity Inc., the private equity arm of the OMERS Worldwide group of companies, announced on June 30, 2011 the successful closing of their previously announced acquisition of Husky International Ltd.

References

PETplanet Insider Articles

Issue 12 / 2020: Handling dust
Issue 11 / 2020: Husky releases award-winning Ultra Helix 250 T2 nozzle for small parts
Issue 11 / 2020: The Philippines drinks' market
Issue 09 / 2020: Protecting lives and livelihoods
Issue 05 / 2020: Close to the market
Issue 01 / 2020: Husky appoints Tony Black to lead Customer Success Management organization
Issue 03 / 2020: Clariant, PET Engineering and Husky presented the Erit bottle, 100% rPET bottle
Issue 12 / 2019: How changing consumer preferences are influencing plastic packaging trends
Issue 11 / 2019: Mould making, a review
Issue 09 / 2019: PET processing solutions, preform moulding and sustainability goals
Issue 07 / 2019: Husky World Tour in Mexico
Issue 04 / 2019: Husky names John Hafferty Chief Financial Officer
Issue 03 / 2019: A recipe for growth
Issue 01 / 2019: Tethered closures in the USA
Issue 12 / 2018: Continuous trend towards premiumisation and new brands proliferation in China
Issue 12 / 2018: Knowing how to grow
Issue 03 / 2017: Non-destructive measurement
Issue 09 / 2016: Husky launches next generation HyCap 4 system – global debut at K 2016
Issue 09 / 2016: Husky continues investment to better serve Hot Runner customers
Issue 06 / 2016: Compression moulding as the biggest competition
Issue 06 / 2016: Husky and MHT settle long-standing dispute
Issue 04 / 2016: Husky showcases hot runner and controller technologies at Die and Mould 2016

External links

Husky Website