We believe this is a great strategic acquisition as it will help Plastic Ingenuity and Plastic Ingenuity de Mexico capitalize on the return of manufacturing business to North America from Asia, and will allow our companies to better serve our customers.
Cross Plains, WI (PRWEB) October 17, 2012
Plastic Ingenuity, Inc. recently announced that its affiliate, Plastic Ingenuity de Mexico, has purchased the assets of Vitalo de Mexico in Guadalupe, Nuevo León, Mexico. The new acquisition will expand Plastic Ingenuity’s total operations, now operating out of two facilities in the Monterrey, Mexico metropolitan area.
With this acquisition, Plastic Ingenuity de Mexico adds additional capacity and capabilities. Tom Kuehn, president of Plastic Ingenuity, comments that: “We believe this is a great strategic acquisition as it will help Plastic Ingenuity and Plastic Ingenuity de Mexico capitalize on the return of manufacturing business to North America from Asia, and will allow our companies to better serve our customers in all market segments.”
Plastic Ingenuity’s products are synonymous with world-class customer service, high quality standards, state of the art technology, and robust research and design capabilities. This translates into market leadership in innovation and efficient manufacturing practices.
To maintain this position, PI continually focuses on investing in the latest technology, allowing it to set many industry standards with respect to innovation and service. To execute this strategy, PI maintains its knowledgeable and experienced workforce by providing employees with a great working environment, outstanding benefits and fair treatment.
Vitalo de Mexico, part of the Vitalo Group, is a leading producer of thermoformed packaging, operating in North America, Europe and Asia.
Plastic Ingenuity, recognized by leading-industry organizations such as the Society of Plastics Industry (SPI), the Society of Plastic Engineers (SPE) and the Institute of Packaging Professionals, holds ISO 9001:2000, ISO 9001:2008 and ISO14001:2004 certifications as well as a Safe Quality Food (SQF) Level Three Certification.
Nationally recognized for custom packaging solutions, Plastic Ingenuity offers unparalleled industry knowledge and services unique to product packaging for a variety of markets including pharmaceuticals, food packaging, medical, retail, cosmetics, cell phones, and consumer electronics.
About Plastic Ingenuity and Plastic Ingenuity de Mexico
Plastic Ingenuity is one of the largest custom thermoformers in North America. Established in 1972, Plastic Ingenuity currently employs nearly 500 people at four locations including Cross Plains, Wisconsin; Oxford, North Carolina; Maumelle, Arkansas; and Mazomanie, Wisconsin. Plastic Ingenuity is a full service thermoformer. Plastic Ingenuity designs and builds all of its own tooling, extrudes its own materials on 11 extrusion lines, and operates 46 thermoforming lines and services the food, medical, electronics and retail markets.
In 2006 Plastic Ingenuity formed a joint venture with Converforma of Monterrey, Mexico. Converforma operates eight vacuum forming machines and has been in business since 1991. Together, the two companies operate Plastic Ingenuity de Mexico, which will now be operating out of both the Monterrey and Guadalupe, Nuevo León - Mexico plants. For more information about Plastic Ingenuity, visit http://www.PlasticIngenuity.com.