American Plastics LLC is a manufacturer, importer and distributor of consumer storage and commercial cleaning products in St. Louis, Missouri, announcing that it has acquired Centrex Plastics Limited (Fundrey, Ohio) and Creative Concept Plastics ( (Oxton, Ohio). U.S. Plastics is a combined company invested by Highview Capital LLC and Victory Park Capital Advisors.
U.S. Plastics Group stated that with this acquisition, it will Become the only company in the US that has grown to a national scale in the plastics industry, with solid blue chip retail and commercial customer base After combining three industry-leading companies, the new US plastics company will also accelerate the growth of consumer storage business.
U.S. Plastics will operate 15 plants nationwide, including five manufacturing plants and 10 distribution centers. The two newly acquired companies will bring in expanded manufacturing resources and industry-leading product development and technical capabilities. Including 3D printing technology, internal engineering team and large-scale all-electric high-speed injection molding machines from 90 tons to 2000 tons.
Robert Guerra will continue to serve as president and CEO of the merged company. Nick Reinhart, owner and president of Centrex and Creative, will be appointed as the chief innovation officer of American Plastics and retain the equity of the merged company. American Plastics will use Centrex's Existing businesses such as Centrex for homes, lawns and gardens, garage and shop floor requirements, as well as Creative's home and garage storage capabilities and R&D resources provide a variety of product services. US Plastics will continue to maintain the two companies have successfully faced customers The brands include Centrex Commander and Creative Shelves and Shelves West.
Guerra said: 'This is a transitional transaction for U.S. Plastics, which brings together three industry leaders and is committed to providing high quality products and customer service. Nick is a true innovator and he has established a A new level of technology-driven, high-level and deep-seated partnership. With the strong strength of Centrex and Creative brands, U.S. plastics will have unique advantages that will accelerate our sales and create deeper partnerships with our customers. And to win more customers across the country. '
U.S. Plastics manufactures its own branded products based on products from mainland commercial products such as Contico, Wilen and Fundamentals. Injection molding and manufacturing facilities are located in Jefferson, Missouri and Tiffin, Ohio, in Fontana, Canada. Toronto has a distribution center.
Reinhart commented: 'We are very excited to cooperate with U.S. Plastics, Highview and Victory Park. After combining Centrex, Creative and American Plastics, we will create an experienced and energetic team while increasing our geographical footprint. Manufacturing footprints and capacity, and providing the funds needed to sustain accelerated growth.
Advanced prototyping technology, cutting-edge design and engineering teams, and advanced manufacturing facilities allow us to work with customers to create concepts as personalized, high-quality products in just a few days. We look forward to continuing to provide our retail customers with the highest quality The products are provided to the U.S. plastic family at the best price.