Mergers & Acquisitions
Original Press Release
Curbell Plastics Acquires American Plastics and Waggoner Plastics, Offers New Opportunities for Customers
Press release date: December 3, 2012
Curbell Plastics, Inc. (www.curbellplastics.com), a leading plastics provider, announced that they are acquiring American Plastics (www.americanplastics.net) and Waggoner Plastics (www.waggonerplastics.com) in Texas. American Plastics / Waggoner Plastics will become one of Curbell's 16 sales and distribution facilities strategically located throughout the United States. The acquisition will further strengthen Curbell's national presence, and will allow Curbell to provide exclusive products, local inventory and regional expertise to customers in key markets and specialized industries. "As we work together to increase our market presence, we are committed to investing in our facilities, our equipment, and our people to provide the best service to the region," said Sam Martin, President of Curbell Plastics, Inc. "The acquisition further expands the reach of Curbell Plastics' broad product line and exceptional customer service within Texas and other markets, while also offering a trusted channel to market for our supplier base," he noted. In addition to growing the company's geographic footprint, the acquisition will strengthen Curbell's capabilities in a number of industries, including orthotics and prosthetics, oil and gas, and aerospace. Curbell also has plans for capital investment and infrastructure improvements designed to improve the customer buying experience. Waggoner Plastics was established in 1952, and is well known as a supplier of precision engineered and machined parts to the aerospace industry. American Plastics has been a supplier of plastic sheet and related products for more than 25 years. They are a leading supplier to the orthotic and prosthetic industry. They are co-located in a facility in Arlington, Texas. American Plastics, American Plastics - OandP, and Waggoner Plastics are currently operating as divisions of Curbell Plastics Inc., and are expected to fully transition to Curbell Plastics, Inc. - Texas in 2013. Curbell Plastics, Inc. is one of the nation's leading providers of plastic for commercial and industrial customers. Since 1942, Curbell has supplied plastic materials in nearly every form for thousands of small local businesses, Fortune 500 companies, and government agencies. Curbell's branch network includes multiple sales and warehouse locations throughout the United States that provide exceptional service, next-day delivery, and other value-added services. Curbell Plastics is a progressive organization driven by strong values, a Dun & Bradstreet credit rating of 4A1, as well as ISO 9001:2008 certification for eight of their locations and corporate headquarters. A subsidiary of Curbell, Inc., Curbell Plastics is a privately held company headquartered in Orchard Park, New York. More information is available at www.curbellplastics.com or call 1-888-CURBELL (1-888-287-2355) to speak with a Curbell representative.