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

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

Australian firm buys Chemical Market Resources

September 23, 2014 8:42 pm ET

In an international consulting deal, Chemical Market Resources Inc. has been acquired by TZ Minerals International Pty. Ltd. for an undisclosed price.    More

Image

Not all mergers and acquisitions in plastics industry have been a success

September 23, 2014 11:08 am ET

Has bigger been better in the plastics mega-deals of the last 25 years?    More

Image

ZF, TRW combination creating a new player for autonomous autos

September 23, 2014 9:59 am ET

The era of autonomous vehicles is close at hand — and is already changing the auto industry in fundamental ways. The latest and biggest example?...    More

Image

RPC expansion provides the space needed for continued growth

September 22, 2014 11:46 am ET

MORGANTOWN, PA. — Success, over time, created a challenge for RPC Bramlage-Wiko USA Inc. in this rural Eastern Pennsylvania town....    More

Image

Delphi buying connector maker Antaya

September 22, 2014 2:25 pm ET

Delphi Automotive plc will buy Antaya Technologies Corp., a Rhode Island company that supplies wire harnesses and other technologies that connect with...    More

Market Reports

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

Pipe, Profile & Tubing Extrusion in North America 2014

Our special market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Economics editor, Bill Wood, forecasts market growth and industry thought leaders offer competitive insight on key issues and trends impacting PP&T processors.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events