Asahi/America completes purchase of Performance Plastics
October 16, 2018 | By Jillian Morgan
Asahi/America, Inc.–a Lawrence, MA-based thermoplastic valve and pipe manufacturer–has acquired Louisiana-based fabrication shop Performance Plastics, Inc.
The purchase aims to allow Asahi/America to expand its existing fabrication capabilities and broaden its engineered plastic products and services offering.
Jason Roussel, president of Performance Plastics, will continue to operate the company’s 30,000 square foot shop located in Gramercy, Louisiana.
“Asahi/America has had a close relationship with Performance Plastics over the last 10 years,” said Daniel Anderson, Asahi/America’s president and chief executive officer. “This strategic acquisition will enable Asahi/America to be a stronger partner to our distribution network, as well as the construction trades.” www.asahi-america.com