Clinton, TN-based Omega Plastics, LLC announced the acquisition of Vinylex Corp., a custom and proprietary product extrusion company with manufacturing sites in Knoxville, TX and Carrollton, Texas. Terms were not disclosed.
"Two and one half years ago Omega Plastics formed a strategic partnership with DVP (Santiago, Chile), to grow and expand our mutual presence in North America, said Stephen Redwine, Omega's CEO. "Since the partnership began, Omega has expanded manufacturing capacity by over 50% with the addition of high speed extrusion lines and an investment in people."
"We continued to grow through the recession, and the merger of Omega Plastics with Vinylex Corporation will allow the company to continue expanding the market for profile extrusion in North America," Redwine added.
Vinylex has been a leader in the custom profile market since 1952, and was a pioneer in bringing plastic profile extrusion to Tennessee, said Omega's release. The company achieved ISO 9001-2008 certification in 1995, and extrudes both custom and proprietary products in a wide range of materials including rigid/flexible PVC, ABS, Nylon, PE, PP, HIPS, CPPPVC as well as other engineered thermoplastic materials.