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

Visteon in talks to sell its stake in Halla Visteon Climate Control JV

November 26, 2014 9:07 am ET

Visteon Corp. confirmed this morning that it is in discussions with a private equity firm to sell its stake in South Korean joint venture Halla...    More

Image

Irish packaging group Smurfit Kappa opens film plant in Spain

November 26, 2014 6:00 am ET

Global packaging group Smurfit Kappa Group plc has responded to growing demand for its bag-in-box liquid container/dispensers by opening a new plant...    More

Image

Deal adds U.K. plant to DelStar

November 25, 2014 12:47 pm ET

Schweitzer-Mauduit International Inc. (SWM) is acquiring certain assets from the advanced wound management division of London-based Smith & Nephew...    More

Image

Onex buying packaging group SIG Combibloc

November 24, 2014 9:05 am ET

ex Corp. will buy SIG Combibloc Group, the Switzerland-based manufacturer of aseptic carton packaging and plastics closures from New Zealand's Rank...    More

Image

3D Systems buying Cimatron

November 24, 2014 1:46 pm ET

3D Systems Corp. is buying Cimatron Ltd., an Israel-based company that makes integrated computer-assisted design and manufacturing software, for $97 m...    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

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 Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

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

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

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

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events