Precision Concepts International LLC, a diversified provider of rigid packaging solutions, announced today that it has acquired Meredith-Springfield Associates, Inc., based in Ludlow, Massachusetts. Meredith specializes in the design and blow molding of PET (Polyethylene Terephthalate) and HDPE (High-Density Polyethylene) bottles and containers.
“We are thrilled to be partnering with one of the Northeast’s premier providers of HDPE and PET containers,” said Ray Grupinski, Precision Concepts’ CEO. “This acquisition extends our footprint in the Northeast and continues our strategy of partnering with world-class, founder-led businesses.”
Meredith will continue to be led by its existing leadership team. Existing and prospective Meredith customers will also have the opportunity to leverage Precision Concepts’ other manufacturing facilities across the U.S., Canada and Latin America to meet their constantly evolving needs.