Plastics shapes distributor and fabricator National Plastics & Seals Inc. has boosted its stake in the point-of-purchase display market by acquiring Innovative Acrylic Design Inc., another Chicago-area distributor and fabricator.
National Plastics announced the deal on Oct. 21 and moved IAD's assets, including computer numerically controlled cutting machines and a laser machine to its Schaumburg, Ill., headquarters during the week of Nov. 9, according to Jeff Toth, National Plastics' vice president of sales.
Toth said in a phone interview that IAD was larger in POP products than National Plastics and also brought laser technology into National Plastics. Lasers precision cut and engrave POP displays and awards made of acrylic, polycarbonate or glycol-modified PET sheet. National Plastics also counts aerospace, medical, food packaging and industrial OEMs among its customer base.
Toth said National Plastics is retaining key employees of IAD and will continue using the Innovative Acrylic Design name because of the significant goodwill the name brings to National Plastics.
National Plastics is ISO 9001 certified, and the firm also has upgraded its business computer software and added CNC equipment to keep up with client demands.
National Plastics stock items include sheet, rod, tub, profiles, heat-shrink tubing, insulation sleeving, O-rings and some molded products. The firm also custom fabricates and machines plastic components. The family-owned company is celebrating its 30th year in business.