Prior to our being acquired by NAP in March of 2018, Lehigh Valley Plastics (a precision machine shop of highly engineered plastics) was a profitable small business owned and run by management. Over the years we received solicitations of interest but we enjoyed our autonomy and were committed to being our best for our customers and employees. That said, we watched as our industry changed and suppliers went vertical and competitors were bought by PE firms. We knew when the right strategic buyer approached us that we should join them.
For 61-years prior to our acquisition by North American Plastics (NAP), we were a family business, with myself as the third generation President. Modern Plastics was a successful company, but at the same time had both financial and other growth limiting factors with our business.