Protoplast acquires consumer products business

By Bill Bregar
Senior Staff Reporter

Published: April 2, 2014 2:11 pm ET
Updated: April 2, 2014 2:21 pm ET

Image By: Protoplast Inc. Protoplast is opening its first consumer products production through its acquisition of ET Industries and its products, such as a sink stopper.

Related to this story

Topics Mergers & Acquisitions, Consumer Products, Inj Blow single machine process, Injection Molding

Protoplast Inc., a custom injection molder in Cobourg, Ontario, has purchased a Toronto company, ET Industries, giving Protoplast its first line of proprietary consumer-products — kitchen and bath items such as sink stoppers, sprayers and shower heads.

Patricia Hart, manager of inside sales and purchasing, said the Toronto-based ET Industries had been a customer, and Protoplast already was molding and assembling many of its products.

The molder bought ET Industries from Martin Tracy, who remains with the business and now handles sales of the kitchen and bath line. Terms of the deal were not disclosed.

The consumer products are sold at Bed, Bath & Beyond stores, online through ET Industries’ web site and in catalogues, Hart said.

The move to get into direct sales of consumer products helps diversify Protoplast, a family owned company that also serves the automotive, electronics and medical/biotech markets. Protoplast runs 16 presses, and does injection molding, injection blow molding and injection transfer blow molding.

“It’s the first time that we’ve ever dealt directly with the end consumer,” Hart said.


Comments

Protoplast acquires consumer products business

By Bill Bregar
Senior Staff Reporter

Published: April 2, 2014 2:11 pm ET
Updated: April 2, 2014 2:21 pm ET

Post Your Comments


Back to story


More stories

Image

Ferro sells another piece of its plastics business

December 19, 2014 3:33 pm ET

Ferro Corp. has sold its North American polymer additives business to a private equity firm for $154 million in cash.    More

Image

Alex Brands buys iconic Shrinky Dinks toys

December 19, 2014 3:15 pm ET

First Slinky, now Shrinky Dinks. What will toy and games investment firm Alex Brands buy next?    More

Image

Jarden hiring for new plastics plant

December 19, 2014 1:45 pm ET

Consumer products conglomerate Jarden Corp. is hiring plastics technicians for a new operation in Erlanger, Ky.    More

Image

The return of HPM's big presses

December 19, 2014 11:47 am ET

HPM is back in big injection molding machines.    More

Image

Thailand's SCG Chemicals buying Norwegian chemical firm Norner

December 19, 2014 9:11 am ET

Thailand's SCG Chemicals Co. Ltd. has announced it has acquired 51 percent of the shares in the independent petrochemical company Norner Holding AS fr...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

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

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