Posts Tagged nypro

Nypro plans major Massachusetts expansion

Tuesday, September 17th, 2013 | Permalink

Nypro is planning a major expansion of its flagship manufacturing operation due to rapidly growing demand for its healthcare products. A lease is currently being negotiated for a 200,000-sq-ft satellite manufacturing operation in an industrial park in Devins, MA, which is about 13 miles north of its headquarters plant in Clinton, MA. The space was previously used by Evergreen Solar, a heavily subsidized producer of solar power equipment that ceased operations at the brand new plant in 2011 . Tagging Options Domain:  All Sites Issue Date:  PT – September 2013 Keywords:  Nypro Jabil read more

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Nypro plans major Massachusetts expansion

Nypro owners approve Jabil acquisition

Tuesday, April 2nd, 2013 | Permalink

Nypro said that its Employee Stock Ownership Plan (ESOP) participants and shareholders have voted “overwhelmingly” to approve an acquisition by Jabil Circuit that was announced Feb. 4. The vote was announced at a special meeting of shareholders this morning at Nypro headquarters in Clinton, MA. Nypro CEO Ted Lapres said that “more than 98% of the outstanding voting shares of Nypro were cast in favor of the merger.” Tagging Options Domain:  All Sites Keywords:  Nypro Jabil read more

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Nypro owners approve Jabil acquisition

Jabil will buy Nypro to boost medical presence

Monday, February 4th, 2013 | Permalink

Jabil Circuit Inc. (JBL), a contract manufacturer best known for its work in the electronics field, is making a major move in plastics and the medical field with the acquisition of Nypro Inc. for $665 million. Jabil (St. Petersburg, FL) announced the deal this morning. It is expected to be completed by the end of May. Revenues at Nypro, whose growth mushroomed under the leadership of Gordon Lankton, exceed $1 billion annually, Jabil said. Tagging Options Domain:  All Sites Keywords:  Nypro Jabil read more

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Jabil will buy Nypro to boost medical presence