Myers Industries Inc. of Akron, Ohio, has purchased RV industry supplier Best Plastics Inc. of Cassopolis, Mich., the companies announced.
Best supplies rotationally molded and vacuum-formed plastic parts to RV manufacturers. It had around $15 million in sales during 1999.
Myers, an American Stock Exchange-listed company that reported sales of $581 million in 1999, paid cash for Best. Specific terms were not revealed.
“Best is highly regarded and a natural fit with our existing rotational molding capabilities,” said Stephen E. Myers, president and CEO of Myers Industries. “Best complements our Ameri-Kart roto-molded tanks and original equipment parts for the RV, transportation and other industries.”
Best’s product line includes rotationally molded holding tanks and water tanks and vacuum formed holding tanks, fenders and ground effects.