Principle Business Enterprises (PBE), Inc., a technology leader in moisture management products, announces the acquisition of the business assets and operations of Absorbent Products Company, Inc. of Bowling Green, Ohio. “The acquisition of APCI is consistent with our mission, by allowing us to enter new markets and expand our ability to provide the highest quality products and services to our customers and business partners,” says Chuck Stocking, Co-CEO of PBE. “APCI employs a technical workforce with skills that complement the current PBE team. They also have valuable production machinery that is needed to fuel PBE’s current growth in the incontinence and personal care marketplace.” Stocking adds “This acquisition is also great for Northwest Ohio because it keeps at least 35 jobs in the area that might otherwise be moved out of the state or possibly out of the country.” Read more.
Source: PRNewswire, April 4, 2017