01.04.11
Adding more than 160 stock items to its product offerings, Alpha Packaging, St. Louis, MO, has acquired Progressive Plastics, Inc., Cleveland, OH. Progressive is a manufacturer and decorator of plastic bottles and containers primarily for the personal care, auto care, house wares and food markets. Irving Place Capital, a middle-market private equity firm, acquired Alpha in September 2010. Progressive’s plant will begin operating as a branch of Alpha effective immediately. Operations in the Cleveland plant will continue to be run by Progressive executives.
