Plastic Components News


Plastics News Feature: Plastic Components Enters M&A Game with First Acquisition

Plastic parts produced in interior facility of Syracuse Plastics of North Carolina Inc. Plastic Components, Inc.'s CEO, Derrill Rice, talked with Audrey LaForest of Plastics News about the company's recent acquisition of Syracuse Plastics of North Carolina Inc. - a regional manufacturer of engineered and high precision injection molded components for applications in the industrial, water and pool products, telecommunications, power products, food processing, and other end markets. SPNC will significantly enhance the solution portfolio PCI can offer its customer base in terms of press tonnage, value added services, and short lot processing capabilities. In this article, Derrill commented that SPNC is the "perfect fit" for PCI's strategic intent in inorganic growth. "SPNC has strong customer ties, a high level of customer intimacy, and so our focus will initially be just to continue to invest and build on their existing capabilities," he said.

Read the full feature here. 


Topics: Company Acquisition