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Multi-Plastics to acquire extrusion facilities from Reynolds Packaging

November 2, 2009

The acquisition gives the company a broader portfolio in the production of film products.

Multi-Plastics Inc., a supplier of film products to the printing and packaging industries, intends to purchase two extrusion facilities from Reynolds Packaging, Lincolnshire, IL, USA. The plants, known as Reynolds Packaging KAMA, are in Hazelton, PA, USA, and Avenel, NJ, USA. They will be known as Multi-Plastics Extrusions Inc.

Multi-Plastics, based in Lewis Center, OH, USA, has partnered with KAMA for more than 30 years to distribute polystyrene to the envelope and label industries. The acquisition, according to John R. Parsio Sr., Multi-Plastics’ founder, will establish it as “the only manufacturer of biaxially oriented polystyrene film and sheet to be vertically integrated from polymerization through extrusion and distribution.”

In addition to OPS sheet, this introduces Multi-Plastics to the thermoforming industry as a merchant supplier of various PET, A/R PET, PETG, and co-extruded structures.

“Our exceptional service and knowledgeable team have always worked with our customers to understand their individualized application needs,” Parsio says. “Today we can do so from the manufacturer’s perspective. It is an exciting time in the history of our company, and we look forward to expanding the product offerings we can bring to our current and future customers worldwide.