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LATE BREAKING NEWS  

Sekisui America Acquires Allen Extruders

Sekisui America Corporation announced its acquisition of Allen Extruders, Inc., of Holland, Michigan. Founded in 1970, Allen Extruders was among North America’s largest privately owned manufacturers of extruded thermoplastic sheet used in the thermoforming industry. The company’s proprietary products include the Alextra™ line of high-gloss, durable thermoplastic sheet. Sekisui America is the parent company of Kleerdex Company, LLC, manufacturer of KYDEX® thermoplastic sheet. Allen Extruders and Kleerdex Company will operate independently.

“This acquisition enables Allen Extruders and Kleerdex to combine their expertise, technology and other resources to generate original products and solutions,” said Jim Medalie, President of Kleerdex Company. Medalie will be responsible for the newly acquired company. “We will invest in both companies over the next few years to make sure they have the necessary tools to grow while providing the best customer service in the industry.”

Mike Angell, part of Allen’s management team, was named General Manager and will be based in Michigan. The rest of Allen Extruders’ management team will remain in place, with the exception of Sam Angell, who is retiring.

For more information, contact Mike Ringquist, Allen Extruders, Inc., 1305 Lincoln Avenue, Holland, MI 49423, 800-833-1305/616-392-9004, Fax: 616-394-0100, E-mail: salesinfo@allenx.com, Web: www.allenx.com.

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