MedPlast Inc. (Tempe, AZ) continued its rapid growth track with the acquisition of United Plastics Group (UPG), giving Medplast ownership of medical molding plants in China. MedPlast CEO Harold Faig told PlasticsToday in an interview last fall that MedPlast wanted to buy a company with facilities in China.
UPG also sells to the industrial and datacenter markets with operations in the U.S., China, Mexico, and Wales.
"The combination of MedPlast and UPG represents tremendous opportunities for both firms and for our customers," Faig said in a press release. "MedPlast's enhanced global footprint and added technical capabilities will bring powerful synergies to customers looking for creative solutions to their design, development and manufacturing challenges."...