Acquisitions…Aetna Plastics Corp.
Aetna Plastics Corp. acquired Pro-Fab
Manufacturing, a division of Magnus Equipment. Pro-Fab, a 25-year-old
fabricator of corrosion-resistant plastic equipment with a plant in Macedonia,
OH, will join the operation of Vanguard Plastics, which Aetna acquired in 2004.
Pro-Fab’s people and equipment will be relocated in the recently purchased and
expanded facilities of Vanguard Plastics, located on a four-acre site in
Mantua, OH. The combined operations of the two companies will form one of the
Midwest’s largest fabricators of plastics equipment and materials for the
chemical, metals, water treatment and general industrial markets.
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