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Mold-Rite Takes Acquisitions Path

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By: Jamie Matusow

Editor-in-Chief

Mold-Rite Plastics, a manufacturer of rigid plastic packaging, has acquired Stull Technologies, a New Jersey-based manufacturer of dispensing closures, caps, lids, and packaging components, and Weatherchem Corporation, an Ohio-based maker of plastic dispensing closures. According to Mold-Rite, both transactions broaden its product line, geographic reach and manufacturing capabilities while also adding experienced personnel to its organization. Mold-Rite Plastics, which is owned by private equity firm Irving Place Capital, will retain the Stull and Weatherchem names.

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