Synetic adds to plastics technologies business

Synetic adds to plastics technologies business

Synetic Inc. (Elmwood Park, NJ), a plastic filtration technology company, has signed a stock purchase agreement for the acquisition of The KippGroup (Ontario, CA), a manufacturer of high performance plastic injection molds and injection-molded plastic products for the medical device industry. The KippGroup will become a wholly owned subsidiary of Synetic and launch the company`s new medical products group.

Synetic also operates several other plastics technologies businesses, including Porex, a plastic filtration technologies subsidiary. — SG

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