7/23/2012 12:33:00 PM
NEWS BRIEFS
Caplugs Acquires Shercon Inc.
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Injection-molding fastener manufacturer Caplugs has acquired Shercon Inc. of Cypress, CA, in a three-way deal with Windjammer Capital Investments. Terms were not disclosed.
Shercon has manufacturing operations in Hangzhou, China, and a distribution center in Louisville, KY. Shercon provides standard and custom die cuts and molded rubber masking solutions, including caps, plugs, tapes, die cut maskings and complex rubber maskings, used to protect selected surfaces during industrial finishing processes. Shercon also manufactures niche industrial rubber products for OEMs across industries.
Caplugs specializes in injection molding, vinyl-dip molding and plastic extrusion, producing approximately 2 billion pieces per year. Products include caps, plugs, tubing, containers, edge liners, fasteners, netting, and masking products for manufacturing, transportation and storage industries.
Founded in 1948 in Buffalo, NY, Caplugs operates four manufacturing and distribution facilities located Buffalo; Erie, PA; Los Angeles, CA; and Shanghai, China. ©2012 GlobalFastenerNews.com
Related Links:
• Caplugs
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