Atkore International Inc., Harvey, Ill., plans to acquire the assets of the Heritage Group of companies a U.S. manufacturer of PVC conduit, fittings, elbows, as well as plumbing pipe products.
In a press release announcing the acquisition, John Williamson, Atkore International’s president and CEO said, “The acquisition of Heritage Plastics complements our existing PVC product portfolio, expands our market presence nationwide, and enhances the total suite of value-added solutions for our electrical raceway customers. We’re committed to expanding our core capabilities in conduit by becoming the leader within the PVC industry -- as first evidenced by the recent appointment of Bill Waltz as president of our Plastic Pipe & Conduit business.”
In total, the Heritage Group employs nearly 300 employees across its locations: Heritage Plastics, Inc. in Carrollton, Ohio and Tampa, Fla.; Heritage Plastics Central, Inc. in Weatherford, Texas; and Heritage Plastics West, Inc. in Milford, Utah. All facilities have capabilities to operate 24/7.
Charles McCort, founder and co-owner of Heritage Plastics said in the press release, “We have grown as a market leader through our entrepreneurial spirit and industry experience, which has been recognized and rewarded. We are proud of our company’s accomplishments to date and look forward to participating in the future growth of the Plastic Pipe & Conduit business at Atkore.”
All facilities of the Heritage Group of companies will continue operating at their current locations. Terms of the sale are undisclosed. Details