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Husky completes Injectoplast sale

May 03/2012

(canplastics) -- Bolton, Ont.-based Husky Injection Molding Systems announced that it has completed the sale of Injectoplast, the former closure injection molding operation of KTW, to Austrias Alpla.

The sale agreement was announced 24 January; the terms of the deal have not been disclosed. Injectoplast was a division of KTW, a closure mold maker Husky acquired in early 2011.

At the time of the KTW acquisition Husky announced it would be divesting of Injectoplast due to potential conflicts with its existing injection molding customers.


mrcplast.com
Author:Anna Larionova
Tags:PP, IM.
Category:General News
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