Parkway Products Acquires LMR Plastics from Leonard Industries Manufacturing

Parkway Products Acquires Littlestar Plastics

January 7, 2019

Manufacturing

Parkway Products, a PE-backed diversified manufacturer, acquired Littlestar Plastics from founder and CEO Philip Preston on January 7, 2019. The add-on expands Parkway's high-performance plastics and AS9100 aerospace machining capabilities by adding Littlestar's Machesney Park, Illinois production facility to Parkway's North American footprint.

Lear Corporation Acquires M&N Plastics

March 25, 2021

Automotive

Lear Corporation acquired M&N Plastics, a Michigan-based injection molding specialist, to strengthen vertical integration and expand its capability to produce engineered plastic components for automotive electrical distribution and power electronics. M&N Plastics operates facilities in Sterling Heights, Michigan and El Paso, Texas and will support Lear's E-Systems connection systems business.

Parkway Products Acquires Injection Technology Corporation (ITECH)

April 16, 2019

Manufacturing

Parkway Products, a Capital Partners portfolio company, acquired Injection Technology Corporation (ITECH) from founder Carl Morris on April 16, 2019. The deal adds two facilities in Westminster, South Carolina and Arden, North Carolina, expanding Parkway’s thermoplastic injection molding capacity — including large-tonnage presses — and deepening its Southeast U.S. footprint.

Preformed Line Products (PLP) Acquires Substantially All Assets of Pilot Plastics, Inc.

February 2, 2023

Manufacturing

Preformed Line Products Company (PLP) acquired substantially all of the assets of Pilot Plastics, Inc., an injection molding specialist based in Peninsula, Ohio. The acquisition expands PLP's injection molding capacity and supports production of fiber-optic connectivity components for FTTH and 5G deployments while enabling closer collaboration with PLP's Cleveland headquarters.

Techniplas Acquires Molded Products Division of Lyle Industries

December 2, 2021

Manufacturing

Techniplas, LLC has acquired the Molded Products Division of Lyle Industries, Inc., a Tier 1 supplier of cargo systems, carpeted trim and molded floors for luxury SUVs and electric passenger cars. The divestiture gives Techniplas new strategic manufacturing locations in the U.S. Southeast and complementary molding process capabilities while Lyle Industries will continue to supply premium carpet to the business.

Thunderbird LLC Acquires MPR Plastics Inc.

May 17, 2022

Manufacturing

Thunderbird LLC has acquired MPR Plastics Inc., a precision injection-molding and contract plastics manufacturer based in Elgin, Illinois. The deal adds MPR’s 38,000 sq ft facility, 23 injection molding machines and ~80 U.S. staff to Thunderbird’s manufacturing portfolio—complementing its high-volume capabilities at Impact Molding and expanding support for medical, aerospace, defense, transportation and high-tech OEMs.