The acquisition enhances Quadrant’s ability to incubate and develop new business, pursuing its mission of metal to plastic conversion. Quadrant, a fully owned subsidiary of Mitsubishi Plastics (Tokyo, Japan), identified Piper as leaders in their areas of expertise and plans to preserve Piper’s unique market identity. Strategic corporate development activities, such as the Piper acquisition, contribute to Quadrant’s ability to grow rapidly and consistently while maintaining quality and innovation.

 

The acquisition will add two additional manufacturing facilities to Quadrant’s five U.S. facilities along with its Thailand facility.

 

“Piper has an impressive history of overcoming the barriers that limit the use of engineering polymers in demanding applications. They have demonstrated an extraordinary ability to formulate, qualify and produce products that meet the performance and cost targets that customers demand. These capabilities are essential to our mission and will add tremendous value for Quadrant and our stakeholders,” said Glen Steady, Quadrant EPP president and CEO. 

 

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