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PLANT

MPI acquires global plastics giant Quadrant

Engineered plastics manufacturer will operate under current name.


May 29, 2013
by PLANT STAFF

READING, Pa. — Quadrant, a global manufacturer of engineered plastics, has become a fully owned subsidiary of the MPI Group of Companies.

The companies said the partnership is expected to fuel “significant” growth.

Quadrant, a global manufacturer of high-performance thermoplastic materials with locations around the world, including a plant (Quadrant Plastic Composites Canada Inc.) in Toronto, will continue investing in its core businesses under its current name and logo.

Mitsubishi Plastics Inc. is a global manufacturer of plastics based in Tokyo, Japan.

No financial details were released.