MPI acquires global plastics giant Quadrant
Engineered plastics manufacturer will operate under current name.
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.