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Pexco acquires American Extruded Plastics, Inc. and American Injection Molding, Inc.

Pexco acquires American Extruded Plastics, Inc. and American Injection Molding, Inc.

News 08.08.2019

Pexco LLC, a leading North American specialty plastics extruder, is pleased to announce the acquisition of American Extruded Plastics, Inc. (AEP) and American Injection Molding, Inc. (AIM). AEP and AIM operate out of the same facility in Greensboro, NC, and have been leaders in plastic extrusion and injection molding for over 35 and 25 years, respectively.

In 1984, AEP began operations based on founder Marshall Eakes' dream of raising plastics extrusion from an art to a science. In 1993, AEP expanded into the area of injection molding to widen the spectrum of enhanced capabilities available to customers under one roof. Today, AEP-AIM provides products to a diverse group of end markets, including life sciences and diagnostics, telecommunications, agriculture, automotive, construction, consumer goods and packaging.

Pexco CEO Sam Patel stated, "We are extremely pleased to welcome AEP-AIM to the Pexco family. They are well known for their dedication to quality and precision, making them an exceptional fit for our organization. The addition of molded plastics to our existing base of core competencies aligns well with our ongoing desire to broaden Pexco's overall value proposition by providing integrated solutions to our customers."

Owner Marshall Eakes remarked, "Pexco's reputation, scale, and well-established history in custom extrusion creates an excellent partnership for our organization and for our customers, providing an outstanding platform for strategic future growth."

Since 2009, Pexco has executed on multiple acquisitions as it has grown into the largest custom industrial extrusion company in North America.

Pexco was acquired in 2018 by AEA Investors, the global private equity group. The purchase of AEP-AIM represents Pexco's fourth acquisition under its new ownership. Patel went on to comment, "We are committed to the ongoing pursuit of acquisitions that fit our core objectives and enable us to enhance our suite of capabilities while expanding our geographic footprint as the largest custom plastics solutions provider in North America."

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