AUSTIN, TEXAS - Norwood Promotional Products Inc. of Austin boosted its promotional bag business with the recent acquisition of Designer Plastics Inc. of Logan, Utah. Designer Plastics makes and imprints fabric bags and is not involved in plastics as its name suggests, explained Norwood spokesman Martin Naegelin.
Naegelin said his firm makes key chains, mugs and sports bottles using components molded by outside suppliers.
Its main business is imprinting bags and other products.
The company, which is listed on Nasdaq, had sales of $62.3 million for the year ended Aug. 31.