FIFE, Wash.—Molded Dimensions L.L.C. is acquiring GlobalTech Plastics L.L.C. in an injection molding deal.
GlobalTech, based in Fife, makes highly engineered injection molded plastic parts for the medical, transportation and electronic closures segments
For Molded Dimensions, which makes precision rubber, urethane and plastic components, the acquisition "adds plastic expertise ... and expands the company's customer base and capabilities," according to ShoreView Industries, a Minneapolis-based private investment firm that owns Molded Dimensions of Port Washington, Wis.
"ShoreView and Molded Dimensions continue to seek additional add-on opportunities," the investment firm said in announcing the latest acquisition.