Atkore acquired the assets of Elite Polymer Solutions, a manufacturer of High Density Polyethylene (HDPE) conduit, primarily serving telecommunications, utility and transportation markets for $91.6 million.
"The acquisition of Elite Polymer Solutions strengthens our HDPE conduit product portfolio, expands our national presence and enables us to better serve increased demand for underground protection in the electrical, utility and telecom industries," said John Pregenzer, president of Atkore’s Electrical business, in the press release. Elite Polymer Solutions is headquartered in Lovelady, TX, with approximately 55 employees. It will continue operating at its current location.