Priamus: Barnes Group acquires Swiss injection molding specialist

Engineer Barnes Group (NYSE:B) has completed the acquisition of plastic injection moulding specialist Priamus System Technologies.The Swiss company services many of the world's highest quality plastic injection molders in the medical, automotive, consumer goods, electronics, and packaging markets. "As the plastics industry becomes more complex and global, Priamus's engineered products and Barnes Group's global scale will generate exciting growth opportunities for all businesses in Barnes Group's expanding plastics portfolio," claimed Scott Mayo,senior vice president of Barnes Group. Founded in 1857, Barnes Group provides complete tool-based solutions for all types of injection molding applications with a focus on delivering high quality products, advanced technologies, and value-added services. The company said Priamus will operate as a business within Barnes Group's Industrial segment, which includes the recently acquired Thermoplay business.