Comar Announces Acquisition of Shore Plastic Technologies
VOORHEES, N.J., Nov. 14, 2017 /PRNewswire/ -- Comar is excited to announce the acquisition of Shore Plastic Technologies, Inc. ("Shore Plastic Tech") based in Millville, New Jersey.
Over the past twenty years, Shore Plastic Tech has developed a reputation as a market leading Design and Engineering firm with a proven track record of developing and refining products in the medical, diagnostic, pharmaceutical, and CPG industries. Shore Plastic Tech specializes in project management services encompassing product design and development, injection mold design, project engineering, and mold and process validation.
Richard Lappine, President of Shore Plastic Technologies, said, "Our team looks forward to joining Comar as it continues to build out its Innovation Design Center and IDworks™ team. We share a common, customer-centric philosophy and can now offer our customer base full service capabilities that extend to complete supply chain solutions including manufacturing, assembly, and distribution."
Mike Ruggieri, CEO of Comar, said, "We are extremely pleased to welcome Rick and his team to the Comar organization. They have excellent customer relationships and strategic assets and capabilities that will enable us to better serve existing and potential customers."
The acquisition is the latest in a series of recent investments by Comar to enhance the Company's design and engineering capabilities to better serve customers in the medical device, diagnostic, pharmaceutical, and CPG market segments.
Comar, headquartered in Voorhees, NJ, has seven strategic manufacturing and distribution locations and employs a host of rigid plastic packaging technologies including injection molding, injection blow molding, injection stretch blow molding, and extrusion blow molding which are complemented by a full suite of value added service offerings. Comar is owned by Graham Partners, a private investment firm focused on investing in businesses with proprietary technologies, advanced manufacturing know-how, innovative product development capabilities, and strong growth potential.
SOURCE Comar
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