LongueVue Capital Completes Investment In Summit Plastics And Adds Experienced Specialty Packaging Operating Partner
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NEW ORLEANS, Jan. 20, 2021 /PRNewswire/ LongueVue Capital ( LVC ) is pleased to announce it has partnered with CEO Tom Nathanson and the management team of Summit Plastics ( Summit or the Company ) to recapitalize the business and provide growth capital. Headquartered in Summit, MS, Summit is a business-to-business focused niche manufacturer of custom low-density and linear low-density polyethylene ( LLDPE ) blown film and bags for a number of commercial end markets, including food and beverage, industrial, and healthcare.
Summit has experienced rapid growth since Tom Nathanson acquired the business in 2015. The Company currently employs more than 100 full-time employees and operates out of a recently-upgraded 90,000 square foot manufacturing facility, from which it can produce a wide range of value-added