Lawrence, Massachusetts-based thermoplastic valve and pipe manufacturer Asahi/America acquired Gramercy, Louisiana-based fabrication shop Performance Plastics. The acquisition will help Asahi/America in expanding its existing fabrication capabilities and broaden its engineered plastics products and services offerings, the company noted.
Performance Plastics will continue to operate its 30,000-square-foot shop with its staff that has more than 25 years of experience.