Ensinger Industries Inc. has expanded in stock engineering plastic shapes by acquiring Penn Fibre & Specialty Co. Inc.
Penn Fibre produces thin-section sheets, strips, coils and punched parts made of engineering thermoplastics. It was owned by Specialty Group of Dunmore, Pa., which sold it to concentrate on core businesses in the defense industry. Officials did not disclose terms of the Feb. 1 deal.
Penn Fibre's manufacturing plant is in Greenwood, Del., and it runs a sales office in Fort Washington, Pa. Its products are used to make washers, bushings, strips, gaskets and other products for appliance, aircraft, automotive and marine markets.
Ensinger's other subsidiaries produce engineering plastic stock shapes, injection and compression molded parts, cast custom nylon components and extruded plastic profiles. The Washington, Pa., firm's businesses include Ensinger Inc., Ensinger Vekton Inc., Putnam Precision Molding Inc., Ensinger Special Polymers Inc. and Ensinger Ind£stria de Plasticos Tecnicos Ltda.
Penn Fibre's thin-gauge products broaden Ensinger's line, and the punch-parts business enhances subsidiary Putnam Precision Molding, Ensinger President W. Rick Phillips said.