Alltrista Unimark Plastics Acquires United Kingdom Operation

 

Christchurch, Dorset, UK ­ July 14, 2003 - Alltrista Plastics Corporation (Greenville, SC) through its Unimark Plastics division completed the acquisition of Plastic Injection Ltd., an injection molding operation in Christchurch, Dorset, United Kingdom on July 3, 2003. The new subsidiary will change its name to Unimark Plastics Ltd., and the acquisition furthers Alltrista Unimark Plastics’ international initiative. Details of the transaction, including purchase price, were not disclosed.

 

“The acquisition of Plastic Injection Ltd. represents the next phase of our strategic focus on providing technology solutions to our global marketplace,” commented  Curt Watkins, President of Alltrista Plastics Corporation/Unimark Plastics.

 

The acquisition will enable Unimark Plastics to pursue new business opportunities in Europe as it continues to serve existing customers at the Christchurch facility and other current European customers as well. Unimark has a variety of synergies with this acquired company, including expertise in medical device, light industrial, and consumer markets. Christchurch is Alltrista Plastics Corporation’s ninth manufacturing site, including other sites in South Carolina, Pennsylvania, Missouri, Arkansas, New York, Maine, and Puerto Rico.

 

Unimark Plastics, a division of Jarden Corporation, is a leading full-service supplier of innovative plastic and manufacturing solutions. Unimark specializes in high-volume, precision injection molding and manufacturing for the healthcare, precision consumer, lawn & garden, recreational sports, light industrial, and closure markets.