Ben Harp and Tom Rybicki, longtime executives at medical molder Polymer Conversions Inc. in upstate New York, have bought a small plastics firm near Buffalo. They said they see opportunities in fragile global supply chains.
The ongoing Ukraine crisis also is expected to keep upward pressure on materials. Russia launched a military assault on neighboring Ukraine on Feb. 23, a move that has sent global prices for crude oil and natural gas higher, even as financial markets have declined.