Plastics News Feature: Plastic Components Enters the M&A Game with Its First Acquisition

Plastic Components, Inc.’s CEO, Derrill Rice, spoke with Audrey LaForest from Plastics News about the company’s recent acquisition of Syracuse Plastics of North Carolina Inc.—a regional manufacturer of engineered and high-precision injection molded components for applications in industrial, water and pool products, telecommunications, power products, food processing, and other end markets.

SPNC will significantly enhance the range of solutions PCI can offer its customers in terms of press tonnage, value-added services, and short lot processing capabilities. In this article, Derrill commented that SPNC is the “perfect fit” for PCI’s strategic goals regarding inorganic growth. “SPNC has strong customer relationships, a high level of customer intimacy, and so our initial focus will simply be to continue investing in and building on their existing capabilities,” he said.