Page 52 - Plastics News July 2018

Business news

Plaskoloite acquires Rotuba Extruders lighting business in New Jersey

laskolite LLC, North America’s largest manufacturer of formulated polymers targeted at diffusing LED technology.
Pplastic sheet products, has acquired Rotuba Extruders, In addition, Rotuba customers will now have access to
Inc.’s profile lighting business. Rotuba is the leader in the expanded extrusion capabilities and the benefits of a much
Custom Extruded Profile segment of the lighting industry. larger manufacturing footprint.
As a part of the transaction, Plaskolite is acquiring
Rotuba’s manufacturing operations in Linden, New Jersey.
The closing is effective as of June 30, 2018. Terms of Viking Plastics acquire Genesis
the transaction have not been disclosed. Plaskolite’s Plastics and Engineering
acquisition of the Rotuba Profiles Lighting business expands
Plaskolite’s
already thriving iking Plastics, a leading injection molding and value-
Profiles business Vadded assembly service provider, has announced
and positions its acquisition of Genesis Plastics and Engineering,
the company LLC (Genesis), a Scottsburg, IN-based manufacturer
as the clear of automotive interiors, seating and high-precision,
leader in the custom injection molded products. With this acquisition,
Profiles Lighting Corry, PA-based Viking Plastics adds to its current line
segment. Adam of custom injection molded products and assemblies
Bell, Rotuba’s for the automotive, HVAC, and industrial markets.
President, will stay on to lead the Plaskolite Rotuba Profiles This new partnership expands their expertise and
business. “Rotuba has been extruding custom profiles for customers, and incorporates Genesis’ capabilities to
more than 60 years and is the leading supplier in the LED manufacture new tools. Established in 1995, Genesis is
Lighting segment. IATF certified and shares Viking Plastics’ commitment to
providing highly reliable products that accurately meet
This acquisition further strengthens our offering and our
partnerships and allows us to rapidly develop extruded
profiles to meet the demands of LED lighting,” said
Mitchell Grindley, Plaskolite’s President and CEO. “Adding
Rotuba’s extensive custom extruded profile experience to
the Plaskolite portfolio gives our customers the best and
most extensive options available in the market.”

Founded in 1950 in Columbus, Ohio, by Donald G. Dunn
and family, Plaskolite, LLC. is the largest North American
manufacturer of thermoplastic sheet products. Plaskolite’s
customized products are used in a wide variety of customer specifications. “I am excited that Genesis is
applications including windows, doors, lighting, signs, now part of Viking Plastics,” said Genesis President Jim
point-of-purchase displays and bath products. Plaskolite Gladden. “Our culture, business combination, and focus
serves a diverse customer base including distributors, on exceptional quality makes this a great partnership.”
Viking Plastics President/CEO Kelly Goodsel agrees.
OEMs and retailers. With this acquisition, Plaskolite will “We are just as excited to partner with Jim Gladden
employ 1100 people in Columbus, Ohio; Zanesville, Ohio; and the Genesis team. Their commitment to quality,
Grand Saline, Texas; Compton, California; Olive Branch, customer satisfaction, and continuous improvement
Mississippi; Monterrey, Mexico; Memphis, Tennessee; align with our values. This will allow us to deliver what
Sheffield, Massachusetts; and Linden, New Jersey.
our collective customers need,” said Goodsel. “Our
“We are excited to join the Plaskolite family,” said Adam partnership will enable us to provide a wider range of
Bell. “We will continue bringing our customers value quality products to our current customers and position
added Profile design experience, along with our specialty- us to better service new customers.”

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