rss icon

Thursday, 05 March 2015 13:55

Wright Plastic Products adds capacity with Tennessee acquisition

Written by  MiBiz Staff
Rate this item
(2 votes)
Hope Industries Inc. Hope Industries Inc. Company photo

Custom-injection molder Wright Plastic Products Co. LLC said it has acquired Hope Industries Inc., a Madisonville, Tenn.-based molder that serves the automotive, OEM appliance, medical and other markets. 

Terms of the deal were not disclosed.

Sheridan, Mich.-based Wright Plastics said in a statement that the acquisition gives it additional capacity in the Southeastern U.S. to help capture business from the growing automotive and manufacturing industries in the region. Based near Knoxville, Hope Plastics currently works with several automotive and manufacturing customers.

Grand Rapids-based BlueWater Partners acted as the exclusive financial advisor to Wright Plastics on the transaction

Read 2676 times Last modified on Monday, 08 June 2015 10:49

Breaking News

October 2018
S M T W T F S
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Follow MiBiz