UFP Technologies acquires UNIPEC, TPI to expand film, thermoplastic molding

UFP Technologies (UFPT) announced the acquisitions of Universal Plastics & Engineering Company and Techno Plastics Industries. These transactions further expand UFP’s capabilities in tight tolerance film components and thermoplastic molding for the medical device market. “We are excited to welcome UNIPEC to our growing portfolio of high-performance film solutions,” said R. Jeffrey Bailly, Chairman and CEO of UFP Technologies. “Their expertise in tight tolerance molding of specialty EMI shielding materials adds further strength to our implantable device offerings and complements Welch Fluorocarbon’s core capabilities.”