Plaskolite Acquires Profile Lighting Business
Plaskolite, LLC, North America’s largest manufacturer of plastic sheet products, announced that it has acquired Rotuba Extruders, Inc.’s profile lighting business. Rotuba is the leader in the Custom Extruded Profile segment of the lighting industry.
As a part of the transaction, Plaskolite is acquiring Rotuba’s manufacturing operations in Linden, New Jersey.
Plaskolite’s acquisition of the Rotuba Profiles Lighting business expands Plaskolite’s already thriving Profiles business and positions the company as the clear leader in the Profiles Lighting segment. Adam Bell, Rotuba’s President, will stay on to lead the Plaskolite Rotuba Profiles business.
“Rotuba has been extruding custom profiles for more than 60 years and is the leading supplier in the LED Lighting segment. This acquisition further strengthens our offering and our partnerships and allows us to rapidly develop extruded profiles to meet the demands of LED lighting,” said Mitchell Grindley, Plaskolite’s President and CEO. “Adding Rotuba’s extensive custom extruded profile experience to the Plaskolite portfolio gives our customers the best and most extensive options available in the market.”
With this acquisition, Plaskolite will employ 1,100 people in nine North American locations.
“We are excited to join the Plaskolite family,” said Adam Bell. “We will continue bringing our customers value added profile design experience, along with our specialty-formulated polymers targeted at diffusing LED technology. In addition, Rotuba customers will now have access to expanded extrusion capabilities and the benefits of a much larger manufacturing footprint.”
For more information, contact David Dennis, Plaskolite, LLC, 614-294-3281, E-mail: firstname.lastname@example.org, Web: www.plaskolite.com.