Investment firm buys three plastics processors
Investment firm buys three plastics processors Carlson A Michigan-based private equity firm has started a strategy to buy U.S. plastics processors and has already purchased three companies. Northville, Mich.-based Orchard Creek Capital LLC started with Classic Die Inc. in Grand Rapids, Mich., and in the past two months has added Tool Technology Corp. in Inman, S.C., and Advantage Plastics of New York Inc. in Winter Haven, Fla. Orchard Creek is headed by President Jon Carlson, who has a background in financial management in manufacturing, including 10 years at Ford Motor Co. "We believe that ...
Source: plasticsnews.com