Flow Smart Acquires W.L. Gore's Wire- and Fabric-Reinforced Hose Products Business |
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Flow Smart, Inc.
103 Davis Dr.
Seaford, DE, 19973
USA
Press release date: July 15, 2010
Seaford, Del. (July 15, 2010) - Flow Smart, Inc., specialists in high-purity polymer solutions, has announced its purchase of the wire- and fabric-reinforced hose business from Elkton, Md.-based Gore PharmBio Products, a division of W.L. Gore and Associates.
The transition, which is set to occur over the next several months, will see Flow Smart taking over all of the production and sales activities for the wire- and fabric-reinforced hose products. The sale agreement includes the acquisition of Gore PharmBio's existing production equipment for the hoses, as well as the group's current inventory and other peripherals. Additionally, FlowSmart will add key sales and production personnel to its staff, ensuring the continued high quality and service customers have come to expect.
"FlowSmart will focus on implementing production of the product as it is currently offered," said a company spokesman. "Once we meet the demands of our supply chain we are planning process changes that will improve repeatability."
"As with all FlowSmart products," the spokesman continued, "we will then begin adding a multitude of innovative ancillary products."
FlowSmart's principles' recent partnership with Linus Tooling, Inc., a state-of-the-art machine shop will aid in integrating the hose-fittings and -crimping program.
FlowSmart is a distributor-oriented polymer manufacturer whose innovative seals have become recognized worldwide in the biotech, pharmaceutical and food process industries. They build their product line around programs that aid end-user production while enabling distributors to develop their sales. That's where this hose line fits well with their polymer driven products.
For more information, visit FlowSmart's website at http://www.flowsmartinc.com
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