Comar LLC is beefing up its design and engineering abilities with the acquisition of Shore Plastic Technologies Inc.
Shore Plastic Tech specializes in project management services encompassing product design and development, injection mold design, project engineering, and mold and process validation, Comar said in a statement.
Comar, based in Voorhees, N.J., characterized this acquisition as the latest in a series of moves to improve design and engineering capabilities for a variety of markets, including medical device, diagnostic, pharmaceutical and consumer packaged goods.
Shore Plastic Tech is based in Millville, N.J., about 12 miles from Buena. The company is led by President Richard Lappine.
It was only in June when Comar announced the opening of its Innovation Design Center, or ID Center, in Buena, N.J. “The ever-changing consumer landscape and rapid pace of technological advancements has led to an increasingly competitive environment for our customers,” CEO Mike Ruggieri said at the time in a statement. “As a strategic partner, Comar not only has to provide superior quality and service day in and day out, but we also have to collaborate with our customers to understand their market opportunities and challenges in order to provide them with a creative package and supply chain solution that allows them to increase sales, reduce cost, and increase productivity.”
Ruggieri could not be immediately reached for comment Nov. 14 after the company announced the Shore Plastic Tech deal.
Ruggieri, in a statement, said Shore Plastic Tech has “excellent customer relationships and strategic assets and capabilities that will enable us to better serve existing and potential customers.”
“We share a common, customer-centric philosophy and can now offer our customer base full service capabilities that extend to complete supply chain solutions including manufacturing, assembly, and distribution,” Lappine added in a statement.
Comar, owned by Graham Partners, also in June acquired ProPlas Technologies of Garden Grove, Calif., a company specializing in complex injection molding, assembly and mold making.