Maguire Products Acquires an Interest in O.A. Newton, Supplier of Bulk Material Handling Systems
ASTON, PA, U.S.A., January 25, 2021: Maguire Products, Inc., has purchased a minority share of O.A. Newton, a provider of bulk material handling systems to the wood-plastic composite, flexible and rigid PVC, and carbon black markets.
Based in Bridgeville, Delaware, O.A. Newton engineers, fabricates, and installs complete systems for the unloading, storage, conveying, and blending of process ingredients, including controls and ancillary equipment. The company will continue to operate separately from Maguire Products, but the investment has the potential to expand the capabilities of Maguire in the material handling phase of the process industries. Maguire supplies handling systems directly connected to the plastics molding and extrusion processes, such as dryers, loaders, blenders, and feeders.
“This investment broadens our offering to the plastics industry and allows us to serve markets that we would otherwise never reach with our current product line,” said Steve Maguire, owner and president of Maguire Products. “We can now refer inquiries for bulk material handling directly to O.A. Newton and can work together with them as projects require.”
Steve Maguire founded Maguire Products in 1977. He has invested in other plastics businesses since then and is a co-owner of Novatec, which, like Maguire Products, is a supplier of auxiliary equipment for molding and extrusion. The two companies operate independently.
“Our affiliation with the Maguire family of companies provides us with access to a sales organization that has a global reach,” said Rob Rider, Jr., president and CEO of O.A. Newton. “It will greatly improve our ability to grow our customer base. The synergies between all the companies will have a compounding effect on all of us.”
For more than five decades, O.A. Newton has been a single-source provider of turnkey material handling systems for customers throughout the world. The company serves the plastics, tire, and other industries, including those processing dry bulk solids and hard-to-handle materials. In plastics it has extensive experience in providing systems for processors of rigid and flexible PVC and wood-plastic composites. Visit www.oanewton.com.
MAGUIRE PRODUCTS, INC., headquartered in Aston, Pennsylvania, U.S.A., is the world’s largest supplier of gravimetric blenders, liquid color pumps, and vacuum dryers and also manufactures loading systems, auger feeders, granulators and related equipment and software. Its customers include injection, blow, and rotational molders, extrusion processors, and compounders. Founded in 1977, Maguire operates six manufacturing facilities in Aston. The company maintains a network of distributors in the Americas and overseas and has six sales and service subsidiaries that stock, sell, and service auxiliary equipment systems from Maguire and its affiliate, Novatec, Inc.: Maguire Canada, Maguire Europe, Maguire Asia, Maguire China, Maguire IMEA, and Maguire Taiwan. Visit www.maguire.com
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