Harvey, Ill.-based Atkore International Group Inc. has acquired the assets of PVC conduit maker Queen City Plastics Inc. of Fort Mill, S.C., to strengthen its product portfolio for the electrical market and be closer to customers.
Founded in 1969, the acquired business produces only electrical conduit, elbows and fittings at a manufacturing facility just south of the South Carolina state line, near Charlotte, N.C.
With estimated annual sales of $26.5 million, Queen City Plastics ranks No. 92 among North American pipe, profile and tubing manufacturers, according to Plastics News' latest ranking.
Atkore will continue operations at the site, which employs 60 people who produce a wide range of Schedule 40 and Schedule 80 rigid PVC conduit as well as conduit for encased or direct burial, according to a news release issues by the acquirer.
"With more than 50 years in the industry, Queen City Plastics has been dedicated to delivering high-quality, American-made PVC products for electrical customers," John Pregenzer, president of Atkore's electrical business, said in the release. "This acquisition strengthens Atkore's existing product portfolio and enables us to better serve customers in the Southeast and mid-Atlantic regions of the United States."
Terms of the deal were not disclosed.
Founded in 1959, Atkore has 3,900 employees at 65 plants worldwide making PVC and metal conduit, cable and fittings for its electrical raceway and mechanical solutions business units, which serve the electrical, infrastructure and safety markets.
With $292 million in annual plastic pipe, profile and tubing sales, Atkore is the 16th-largest extruder in North America, according to Plastics News data.
Atkore, which also offers metal products, posted 2019 sales of $1.9 billion.
In a September 2020 investor presentation, Atkore says it had spent $285 million of cash on acquisitions since fiscal year 2017 for Marco Cable Management in Llangefni, Wales, which closed in 2020; Flexicon Ltd., in Birmingham, England; Vergokan International NV in Belgium; United Structural Products in Atlanta; Rocky Mountain Colby Pipe in Pendleton, Ore.; and FlyTec Systems in the United Kingdom.