Plaskolite Starts Production at Recently Acquired Cell Cast Acrylic Manufacturing Facility
Company Becomes Only Stocking Manufacturer in North America
Producing Extruded, Continuous Cast and Cell Cast Acrylic Sheet
COLUMBUS, Ohio – July 17, 2023 – Plaskolite LLC (“Plaskolite”), a global leader in manufacturing engineering thermoplastics, today announced the start of production of OPTIX® G Series cell cast acrylic sheet at its recently acquired plant in Matamoros, Mexico. Plaskolite now is the only stocking manufacturer in the North American market producing extruded, continuous cast and cell cast acrylic sheet, further bolstering the industry’s most holistic thermoplastics portfolio.
To mark the occasion, Plaskolite held a ribbon-cutting ceremony at the Matamoros facility.
“We’re thrilled to start production just three months after the acquisition of the Matamoros facility,” said Ryan Schroeder, Plaskolite president and CEO. “This fast start is a testament to the hard work of many of our associates and a boon to our customers in North America, who now have the ability to source all three types of acrylic sheet along with the rest of the industry’s broadest portfolio of thermoplastic products from the same stocking manufacturer.”
Plaskolite acquired the land, buildings and equipment at the Matamoros site from Trineso in a transaction announced in April of this year. As production ramps up, Plaskolite anticipates the plant will employ 75 full-time associates by Q4, when the OPTIX G Series offering becomes fully available in textures, colors and custom thicknesses.
Cell cast acrylic sheet has the highest molecular weight, highest hardness, and best craze resistance of the three types of acrylic sheet and serves a wide range of applications, including display, signage, construction, and marine products. The Matamoros facility complements Plaskolite’s existing cell cast operations at its Girona, Spain facility.
The Matamoros facility is located on nearly 11 acres in Matamoros City in the State of Tamaulipas, Mexico.
About Plaskolite, LLC
Founded in 1950 in Columbus, Ohio, by Donald G. Dunn and family, Plaskolite, LLC is a global leader in the manufacturing of engineering thermoplastics, including Acrylic, Polycarbonate, ABS and PETG Sheet, Lighting Profiles and PMMA Polymers. Plaskolite is owned by Pritzker Private Capital along with the Dunn family, management and other co-investors. Plaskolite’s customized products are used in a wide variety of applications, including windows, doors, lighting, signs, point-of-purchase displays, transportation, security and bath products. Plaskolite serves a diverse customer base including distributors, OEMs and retailers. For more information, please visit www.plaskolite.com.
About Pritzker Private Capital
Pritzker Private Capital partners with middle-market companies based in North America with leading positions in the manufactured products and services sectors. The firm's differentiated, long-duration capital base allows for efficient decision-making, broad flexibility with transaction structure and investment horizon, and alignment with all stakeholders. Pritzker Private Capital builds businesses for the long term and is an ideal partner for entrepreneur- and family-owned companies. Pritzker Private Capital is a signatory to the United Nations Principles for Responsible Investment (PRI). For more information, visit PPCPartners.com.
