PORTLAND, Ind., Dec. 17, 2012 (GLOBE NEWSWIRE) -- Priority Plastics, Inc., a national plastics manufacturer of custom and stock plastic containers, announced today the acquisition of CCW Products, Inc. The acquisition expands Priority Plastics' footprint across the US and increases its product offerings. The two combined companies will exceed $70 million in sales with over 350 employees.
CCW Products, Inc. is a manufacturer of FDA approved food grade PVC and PET plastic containers in a variety of shapes, sizes and fluid capacities. CCW specializes in wide mouth PVC and PET plastic containers providing over 300 SKUs for more than 500 customers with annual sales exceeding $19 million. CCW's 80,000 square foot Denver facility and close proximity to three interstate highways will amplify product and shipping options for Priority customers.
"CCW is a great fit for Priority. With a similar culture and 30 year business history, our two companies will meld together well," says Andrew Srenco, President & CEO, Priority Plastics, Inc. "We are continuing to make investments for our customers and we will now be able to offer more products and increased shipping efficiencies to meet customer priorities. We look forward to working with the 103 employees of CCW Products as we integrate our two companies," said Srenco.
"The combination of CCW's packaging with Priority's existing stock products, custom design and molding process will bring our customers even more solutions," said Gary Turner, Chief Operating Officer, Priority Plastics. "Our specialty is in blow molding, which is one of the most technical areas in plastics manufacturing. With the combination of CCW's PVC and PET containers and Priority's products, our customers will have more options available to them," said Turner.
David TenEyck, President, CCW Products will be helping with the transition to ensure that the process is seamless and smooth with low impact to customers. "I am very pleased with the acquisition and am happy to assist with the changeover," said TenEyck. "By integrating CCW's packaging with the Priority product line under the leadership of Andrew Srenco, our staff and product innovations are in the best position for future success."
Priority Plastics, Inc. is a leading packaging manufacturer and provides complete plastic container solutions for startup companies to multinational firms. Priority Plastics, Inc. focuses on investing in strategically located manufacturing facilities throughout the US; making on-going capital investments in machines, automation and tooling; providing a team of expert technical resources; and investing for a sustainable earth. Headquartered in Portland, Indiana, with now six facilities nationwide, the company employs over 350 people with annual sales exceeding $70 million. www.Priorityplastics.com
Priority Plastics Inc.
500 Industrial Park Drive
Portland, IN 47371
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Source:Priority Plastics, Inc.