Meridian purchases Precision Latex

KENT, Ohio (June 21)—Meridan Industries Inc. has acquired Ashland, Ohio-based Precision Latex Inc., a rubber molder, for an undisclosed amount. Precision Latex will become part of rubber tubing manufacturer Kent Elastomer Products Inc., a Meridian Industries subsidiary housed in Kent. Dale White, former owner and president of Precision Latex, will remain with the company as director of dip molding. The acquisition is expected to strengthen Kent Elastomer's dip molded tubing and custom dipped parts operation and "will allow us to expand our capabilities and broaden our exposure in medical and other OEM markets," Kent Elastomer President Murray Van Epp said.