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Pacific Plastics & Engineering acquired by Cretex Cos.

from San Jose Mercury News

Pacific Plastics & Engineering, a 22-year-old medical-device maker, has been acquired by Cretex Cos., a group of manufacturing companies based in Elk River, Minn., the two privately held firms announced Monday. The purchase price was not disclosed. Stephanie Harkness, who started Pacific Plastics in 1989 with her husband Jack and grew the workforce to nearly 100 employees in a 24/7 facility, said she discovered Cretex through an investment bank. more

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