Preformed Line Products Company announced it has acquired substantially all of the assets of Pilot Plastics, Inc.
Founded in 2001 and located in Peninsula, Ohio, Pilot Plastics is an injection molding manufacturing specialist with more than two decades of experience serving various consumer and B2B industries, including partnering with PLP over the last 15 years on multiple manufacturing projects.
With multiple state-of-the-art presses and a highly experienced production team, the Pilot acquisition will expand PLP's injection molding capabilities and further enhance the company's manufacturing footprint.
"We are excited to build on our fifteen-year partnership with Pilot Plastics through this acquisition," says John Hofstetter, Executive Vice President of U.S. Operations at PLP. "Pilot's extensive knowledge and history of injection molding manufacturing will bring much-needed additional capacity to produce critical infrastructure components for North America's current and future high-speed broadband deployment projects, including advanced FTTH (Fiber to the Home) and 5G networks."
For PLP, this investment will support future growth in the company's industry-leading COYOTE® fiber optic connectivity devices and FIBERLIGN® hardware solutions.
"We at Pilot Plastics are honored and excited to be a part of the PLP family; their values and visions align perfectly with ours. Most importantly, they are a proud Northeast Ohio company. Combining our forces further strengthens and supports manufacturing in this important region," says Mick Jendrisak, President and CEO of Pilot Plastics.
PLP plans to gradually transition product line manufacturing and additional capacity to Pilot throughout the year.