TPI acquires NE Plastic Supply
May 12, 2016
TPI acquires Philadelphia-based NEP
KALAMAZOO – Total Plastics, Inc., announced today that it has acquired Philadelphia-based Northeast Plastic Supply.
Founded in 1993, NEP is a stocking distributor and fabricator of polymer shapes, specializing in acrylic material and the custom fabrication of POP and display products. NEP, which operates out of two locations in Philadelphia, also offers machining services including CNC routing, cutting, turning and milling.
“Our acquisition of Northeast Plastic Supply is a testament to their outstanding reputation in this market and the level of service they provide,” said Total Plastics President Tom Garrett. “Their business model aligns very well with ours. We identified NEP has an excellent opportunity to both grow our business and strengthen our presence in this region.”
NEP will continue to conduct business from its two locations, its main production facility in Northeast Philadelphia and a retail/business-to-business location, Everything Plastic, in Philadelphia’s Northern Liberties neighborhood, near Center City. It will also continue to do business under the Northeast Plastic Supply and Everything Plastic business names.
“We’re not only broadening our company portfolio through the acquisition of NEP, we’re also welcoming their team of highly skilled and outstanding employees,” Garrett said. “NEP’s team has driven their continual success. We couldn’t be happier about having them join the TPI family.”
TPI has maintained a presence in the Philadelphia-Camden-Trenton markets since 2003 when it first opened a branch there.
“Our goal has always been to grow our presence in this market and we’ve continually sought better avenues into it,” Garrett said. “With NEP, we have the ideal solution. It reaffirms our commitment to grow this business.”
TPI is one of the country’s largest providers of distributed plastics and associated value-added services. It is comprised on 15 stocking locations and three subsidiaries. TPI was founded in 1978 in Kalamazoo, MI, where it continues to make its headquarters. For more information, visit TPI’s website at www.totalplastics.com or email email@example.com.