DES MOINES, Iowa—All-State Industries Inc., a maker of acoustic and thermal insulation and compression molded recycled rubber products, has expanded its capabilities with the acquisition of Thermoformer Allied Plastics Inc.
Allied, of Twin Lakes, Wis., makes medium-to-heavy-gauge plastic components for applications including packaging, dunnage, consumer products and agriculture and heavy equipment original equipment manufacturers.
An affiliate of All-State Industries made the purchase.
All-State provides what the company calls various "non-metallic production capabilities," including thermoforming, open cast urethane molding, engineered plastic machining, industrial die cutting, and light assembly as well as insulation and recycled rubber products. The company is backed by private equity firm Blue Sage Capital.