Value plastics expands presence in Oceania.
Oceania, comprised of Australia, New Zealand, and its surrounding island states, is home to more than 100 companies served by Value Plastics' home offices in Colorado, so JMS will allow the company to offer its customers local service. JMS has 12 offices throughout the region.
Value Plastics manufactures fluid fittings and other fluid management components used with the flexible tubing employed in healthcare and biopharmaceutical applications. JMS will carry all of Value Plastics' products as well as provide local sales and technical support to customers. Another benefit of the distribution agreement is the ability of customers to purchase products in local currency.
"Australia is a key market for medical, biotech, and pharmaceutical companies," Value Plastics vice president Chuck Philipp said in a prepared statement.
While global companies have established a presence there, the Medical Technology Association (MTAA) of Australia categorizes the medtech industry in the country as emergent. Because local industry is young, there is a high level of innovation and, thus, a short average lifespan for medical products, according to the MTAA.
Nordson Corp., based in Westlake, Ohio, manufactures products and systems used for dispensing adhesives, coatings, sealants, biomaterials and other materials, fluid management, test and inspection, ultraviolet curing and plasma surface treatments. Nordson acquired Value Plastics in June 2011.