CEO Michael Engler: "Upon acquisition of the four businesses, we immediately infused additional capital to expand infrastructure, implement more automation and install new electric molding machines to increase capacity."
Packaging leader ProAmpac and diverse processor Tekni-Plex set the pace for plastics mergers and acquisitions with multiple deals in the second half of 2021.
Tide Rock said PMT will join Pikes Peak and Altratek to form a new plastics injection molding company that serves the industrial, energy, electronics, telecommunications, medical and automotive industries.