Preformed Line Products acquires Pilot Plastics, terms not disclosed

Preformed Line Products Company announced that 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 over two decades of experience serving various consumer and B2B industries, including partnering with PLP over the last fifteen years on multiple manufacturing projects. The company said, "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 extensive manufacturing footprint." PLP plans to gradually transition product line manufacturing and additional capacity to Pilot throughout the year.