Professional Plastics, Inc., a leading distributor and fabricator of high-performance plastics, announced the acquisition of Plastic Systems Inc., a Buffalo-area manufacturer specializing in thermo-formed plastic components.
Plastic Systems was acquired from Innovative Concepts in Entertainment, Inc. and will operate as a division of Professional Plastics, further strengthening the company’s existing manufacturing capabilities in the greater Buffalo, New York region.
“This acquisition supports our long-term growth strategy and enhances our established thermoforming, machining and custom part fabrication capabilities,” said Mark Casey, President of Professional Plastics. “Professional Plastics has provided innovative material solutions to customers in the greater Buffalo area for more than 20 years, and our business continues to grow and diversify.
The addition of Plastic Systems allows us to build on that foundation by expanding our manufacturing capacity, enhancing our service offerings and creating even greater value for our customers.” The Plastic Systems division will continue its operations in Buffalo, with customers benefiting from access to the broader resources and capabilities of the Professional Plastics family of companies.
“Having worked with Professional Plastics for close to three decades, transitioning to a well-known team has been easy,” said Sean LoBue of Plastic Systems. “The capabilities they will add to our business, along with what we can add to theirs, make the future quite exciting. We very much look forward to what that will bring to our current and future customers.”
The acquisition also fortifies Professional Plastics’ commitment to growth in Western New York and is supported by another regionally-based company, Innovative Concepts in Entertainment, Inc. (ICE), the previous parent company of Plastic Systems.
“After working with Plastic Systems and Professional Plastics over the span of several years, we felt the synergy would be immediate and make both companies even stronger,” added ICE President Joe Coppola. “Plastic Systems is one of our most valued long-term suppliers and we are excited to continue growing our fantastic relationship with Mark, Sean and the team.”
The Plastic Systems facility in Buffalo will operate in conjunction with the Professional Plastics U.S. East headquarters in Orchard Park and distribution hub in Angola. The increased regional presence and additional manufacturing resources strengthen Professional Plastics’ ability to serve customers throughout the Buffalo-Niagara market and beyond.