Longmont plastics company acquired by San Diego firm
LONGMONT — Altratek Plastics, a full-service custom injection molding and tooling company, was acquired by San Diego holding company Tide Rock Holdings.
The companies announced the transaction in a news release Tuesday.
By acquiring Altratek, Tide Rock increases its mid-tonnage injection molding capacity, adds capabilities and expertise in robot-assisted automated production, and expands industry coverage to include commercial, industrial, and specialty consumer products.
“Altratek’s consistent dedication to high quality production, including consistent part quality and on-time delivery, has enabled the company to develop strong relationships with its customers. Because of repeated investments into leading production technologies, Altratek has been able to adapt to customer needs and realize continued growth over the past 10+ years,” said Brooks Kincaid, president of Tide Rock, in a prepared statement.
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LONGMONT — Altratek Plastics, a full-service custom injection molding and tooling company, was acquired by San Diego holding company Tide Rock Holdings.
The companies announced the transaction in a news release Tuesday.
By acquiring Altratek, Tide Rock increases its mid-tonnage injection molding capacity, adds capabilities and expertise in robot-assisted automated production, and expands industry coverage to include commercial, industrial, and specialty consumer products.
“Altratek’s consistent dedication to high quality production, including consistent part quality and on-time delivery, has enabled the company to develop strong relationships with its customers. Because of repeated investments into leading production technologies, Altratek has been able to adapt to…