Specialty plastics firm in Crawfordsville is acquired
CRAWFORDSVILLE, Ind. (Inside INdiana Business) — Crawfordsville-based plastic fabrication company Crawford Industries LLC has been acquired by a Missouri company. Spartech, an engineered thermoplastics manufacturer in St. Louis, purchased the Indiana company for an undisclosed amount. The companies say the partnership will provide Spartech with new opportunities for growth and strengthen its abilities to develop and deliver standard and custom plastic sheet and packaging products.
“It’s the beginning of a great and mutually beneficial relationship – Spartech has the desire and resources to help Crawford take its business to the next level, and they have high-quality, thin-gauge capabilities that will enhance Spartech’s existing product offerings,” said Spartech Chief Executive Officer John Inks. “Together, we will be able to offer our joint customer base a wider array of products that we can leverage into new, more complete and more customized solutions.”
Crawford Industries, which also has a facility in Georgia, specializes in manufacturing thin-gauge extruded polyethylene and polypropylene sheets. The sheets are then converted into numerous products, like storage boxes.
Spartech’s plastics are used in a variety of industries, ranging from food packaging to aerospace.