Omega Plastics Acquires Vinylex

October 19th, 2014 by Editor

Omega Plastics LLC has acquired Vinylex Corp., a custom and proprietary product extrusion company with manufacturing sites in Knoxville, Tenn., and Carrollton, Texas. Terms were not disclosed.

“Two and one half years ago Omega Plastics formed a strategic partnership with DVP in Santiago, Chile, to grow and expand our mutual presence in North America. Since the partnership began, Omega has expanded manufacturing capacity by more than 50 percent with the addition of high-speed extrusion lines and an investment in people,” says Stephen Redwine, CEO of Omega Plastics. “We continued to grow through the recession, and the merger of Omega Plastics with Vinylex Corp. will allow the company to continue expanding the market for profile extrusion in North America.”

Through the acquisition, Omega will increase both manufacturing space and capacity, with facilities in strategic Tennessee and Texas locations.

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