Husky Injection Molding selling KTW closure operation

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Husky Injection Molding selling KTW closure operation
7 z  L+ K$ p1 B9 u
% [2 p% s) A0 a+ gFriday, January 27, 2012

1 [9 r- Y* C) v1 ]$ p" w, l) SBolton, Ontario, Canada - Husky Injection Molding Systems has signed an agreement to sell Injectoplast, the former closure injection molding operation of KTW, to Alpla Holding, Hard, Austria. Injectoplast was a division of KTW, a closure mold maker that Husky acquired in early 2011. At the time of the KTW acquisition, Husky announced that it would be divesting Injectoplast due to potential conflicts with its existing injection molding customers. After completing a thorough process, a deal has been signed with Alpla Holding. The deal is anticipated to close before the end of the first quarter of 2012

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