Priority Plastics buys CWW Products

By Bill Bregar
Senior Staff Reporter

Published: December 19, 2012 6:00 am ET

Related to this story

Topics Packaging Mergers & Acquisitions Blow Molding
Companies & Associations

PORTLAND, IND. (Dec. 19, 10:50 a.m. ET) — Blow molder Priority Plastics Inc. has purchased CCW Products Inc. in Denver, a move to expand into clear PET and PVC wide-mouth bottles.

“Those are two new product offerings for us,” said Priority President and CEO Andrew Srenco.

Terms were not disclosed for the deal, announced Dec. 17.

Priority Plastics, based in Portland, Ind., makes extrusion blow molded polyethylene bottles such as tight-head containers, motor oil and other automotive bottles and series and stock containers, and injection molds lids. Priority also blow molds canisters for towel wipes, and has a production line for inserting the wipes and making the finished product.

Srenco said CCW uses the extrusion blow molding process for both PVC and PET containers.

Before buying CCW, Priority Plastics had a single machine molding wide-mouth PET canisters, at its plant in Grinnell, Iowa, he said. That press uses blow molds bottles from injection molded preforms.

Buying CCW Products gives Priority Plastics six plants: the Portland, Ind., headquarters; Grinnell; Grand Prairie, Texas; Mesa, Ariz., Las Vegas and now Denver.

CCW has annual sales of $19 million from its 80,000-square-foot plant, where it employs 103 people. That brings Priority Plastics to sales of more than $70 million 350 employees.

Priority Plastics serves the markets of nutrition, healthcare, household and industrial chemical, food and beverage, janitorial and sanitation, and personal care. It uses the process of extrusion blow molding, injection blow molding, injection stretch blow molding and injection molding.

The company specializes in handleware for its PE bottles, which range from 2 ounces to 15 gallons.


Comments

Priority Plastics buys CWW Products

By Bill Bregar
Senior Staff Reporter

Published: December 19, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Colormasters' film investments add capacity and capability

April 17, 2015 11:35 am ET

Colormasters LLC continues to invest in new film and converting capacity to keep up with demand for its flexible packaging products.    More

Image

Thailand's Royal Group adding thermoforming plant in Indiana

April 17, 2015 11:17 am ET

Royal Interpack North America Inc. is spending $12 million to make recycle-content PET clamshell containers in Anderson, Ind.    More

Image

Inteplast buys Canadian film maker Haremar, bag maker El-En

April 13, 2015 4:29 pm ET

Inteplast Group has increased its business in Canada with the acquisition of a specialty polyethylene blown film coextruder.    More

Image

Reliance finds room to grow in North Carolina

April 9, 2015 3:04 pm ET

Reliance Packaging LLC expects to grow significantly during the next three years, both in production of heavy-duty plastic bags for the lawn and...    More

Image

Silgan to hire 120 for new plant

April 9, 2015 2:57 pm ET

New details are emerging about Silgan Plastics' plans for a new production facility in Hazelwood, Mo., near St. Louis.    More

Market Reports

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events