Inteplast Buys Pitt Plastics

Posted by on Dec 14, 2012 in Products | 0 comments

Inteplast Buys Pitt Plastics

The Morning Sun
Posted Sep 12, 2012 @ 10:30 AM

Pittsburg company Pitt Plastics has been purchased by a company called Inteplast, company officials said in a release Tuesday.

The acquisition also includes facilities in Morrow, Georgia and Columbus, Ohio. Officials said the production facilities will continue full operations and join Inteplast’s facilities in continuing to serve the North American market. Pitt Plastics manufactures a variety of commercial can liners.
Officials were not available for comment Tuesday.

“We are excited to make Pitt Plastics part of our growing company,” John Young, president of Inteplast Group, said in the release. “Pitt’s products complement our current can liner offering, and the geographic location of Pitt’s plants, along with the Inteplast can liner plants in both Lolita and Garland, Texas, and Prattville, Alabama, give us an ideal footprint from which to serve our customers. We are also excited to have found a partner that shares our commitment to ensuring quality manufacturing jobs for American workers.”

In the release, Young said both companies share humble roots.

“In the case of Pitt Plastics, it represents the vision and commitment of a remarkable man, Mr. Gene Bicknell, some 40 years ago, while our own took shape in the small town of Lolita, Texas. I hold immense respect for Mr. Bicknell, his son Marty, and their families, knowing the kind of corporate and community leadership and caring that they have demonstrated over the years through personal example. It is a legacy that we wish to continue and perpetuate.”

Inteplast Group’s IBS Division President, Joe Chen, said he also is excited about the acquisition.

“With this acquisition the combined organizations will be the most complete bag producer in the marketplace,” Chen said in the release. “We see this as an investment in people and technology.”

In the release, Jeff Poe, president of Pitt Plastics, added, “As manufacturing technology continues to evolve, we are excited to have the technological resources and distribution channels of Inteplast working with us. The combined talents of Inteplast and Pitt will work together to lead the industry.”

It was not clear whether Poe would remain in his current position within the company.

Inteplast operates manufacturing facilities throughout North America, where today it counts 33 plants and 10 warehouse facilities, the release said. Central to Inteplast’s existence is the belief in American manufacturing.

“The Group was established based upon the belief that we can still do world-class, competitive manufacturing in the United States,” Young said in the release.

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