Peter Termyn, President and CEO of Parkinson Technologies, commented, "The Indian market continues to evolve towards more sophisticated processes, especially within packaging applications, and Shruti is an excellent fit with Parkinson Technologies to offer distinctive plastics orientation technologies that add value and allow customers to differentiate their end products."
Ken Forziati, Director of Business Development for Parkinson Technologies, added "We feel there are unique opportunities in India for the types of higher value-added polymeric films that are manufactured on our equipment. Having explored these application areas with Bharat for some time, it is clear to me that he and his colleagues at Shruti International bring the right combination of technical expertise and familiarity with the Indian plastics and packaging industries that will enable Parkinson Technologies to gain targeted exposure in this exciting marketplace."
About Parkinson Technologies Inc.
Parkinson Technologies is an industry leader in the development, design and manufacturing of web processing machinery for the plastics, nonwovens, paper and specialty materials industries. Product brands include Parkinson Winders, Dusenbery® Converting Systems, Marshall and Williams biax orientation lines and Key Filters extrusion melt filtration equipment. With a world-class pilot plant facility, Parkinson Technologies also offers its customers complete flexibility to conduct plastics sheet/film extrusion and orientation R&D and to produce commercially viable marketing samples. Parkinson's customers include a broad range of companies, from venture-backed startups to Fortune 50 enterprises, all of whom demand innovative solutions to their web processing challenges.