Earlier this month, thermoforming packaging manufacturer Placon announced it had completed the acquisition of injection molder Plastic Packaging Corp.
Plastic Packaging Corp. is a family-owned manufacturer known for its injection molded polyethylene and polypropylene containers, cups, tubs, pails and lids as well as its advanced decorating services for hot to frozen foods in the foodservice and food processing industries
Placon offers both custom and stock lines of thermoformed food containers in polypropylene and recycled PET (rPET) materials. The company currently runs up to 100 percent post-consumer recycled EcoStar brand material from bottles and thermoforms in its PET food packaging lines, an area where the company sees future opportunity in expanding the company's sustainability solutions to PPC's current and future product lines.
"Acquisitions are an important part of our long-term growth plans," stated Dan Mohs, CEO of Placon. "Many of our customers use both thermoformed and injection molded packaging. By integrating these technologies, we will broaden our food packaging portfolio and provide our customers with more options and greater value."