Precision Products Group, Inc. is a leading niche manufacturer of small diameter spiral-wound tubes and cores, as well as specialty packaging, primarily for the electrical insulation, consumer, and medical markets. Headquartered in College Park, Maryland, PPG targets niche applications that require tight tolerances, unique materials, or difficult-to-produce shapes such as squares or rectangles. PPG operates through its Stone and Paramount divisions, with facilities in College Park, Maryland and Fort Wayne, Indiana, respectively. The Company also maintains a subsidiary in China.
Long Point partnered with the management team owners to buy out the former individual owners of the business and to provide a capital structure to grow the business.
PPG has grown the business by introducing a new product line and by acquiring two complementary businesses.
Add-On Acquisition Criteria
PPG is selectively looking to acquire niche tubing or converting companies of any size that will enhance its technological expertise or expand its end markets.