UFP Technologies buys Packaging Alternatives

Published: January 3, 2013 6:00 am ET

Related to this story

Topics Packaging, Medical, Mergers & Acquisitions

GEORGETOWN, MASS. (Jan. 3, 11:10 a.m. ET) — UFP Technologies Inc., a maker of custom packaging and specialty component products, has acquired Packaging Alternatives Corp.

Packaging Alternatives, located in Costa Mesa, Calif., is a full service designer, converter and distributor of foam plastic products, specializing in technical polyurethane foam for the medical market. The company had sales of approximately $10 million in 2011, according to a news release.

The acquisition will expand UFP’s medical business and improve the company’s covereage of the Western U.S., said R. Jeffrey Bailly, UFP’s chairman, CEO and president, in the release.

UFP, based in Georgetown, designs and manufactures its products using foams, plastics, composites and natural fiber materials. The company had annual sales of $127.2 million in 2011.


Comments

UFP Technologies buys Packaging Alternatives

Published: January 3, 2013 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Using 3-D printing for molds to speed medical part development

October 31, 2014 10:17 am ET

3-D printing and additive manufacturing equipment maker Stratasys Ltd. is collaborating with U.S. design and product developer, Worrell Design Inc.,...    More

Image

Ebola scare, ACA could drive health care growth

October 30, 2014 2:45 pm ET

Bill Wood's new forecast for medical supplies and equipment calls for an increase of 6.6 percent in the total output of these products in 2014, and...    More

Image

Xten may shut down, working on sale to Commercial Plastics

October 29, 2014 5:49 pm ET

Xten Industries LLC is working on a sale to Commercial Plastics Co. of Mundelein, Ill. Xten, an injection molder based in Kenosha, Wis., filed a...    More

Image

Protective packaging predicted to grow 6.1 percent annually

October 29, 2014 3:39 pm ET

Protective packaging looks to be a high-growth market in the coming years, according to a new study by Freedonia Group Inc.    More

Image

Schütz investing $20 million for bulk container production in Missouri

October 29, 2014 11:18 am ET

German packaging company Schütz GmbH & Co. KGaA is expanding its presence in the United States through a $20 million project in Missouri slated to eve...    More

Market Reports

Pipe, Profile & Tubing Extrusion Market Trends

This report provides in-depth analysis of current trends, statistics and innovations in product design and production impacting the PP&T industry in North America.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

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