Innoplast Holdings Expands Product Line with Shur-Tite Acquisition

May 17, 2024 – Cleveland, OH – Innoplast Holdings, a prominent supplier of pedestrian and traffic safety equipment, has announced the acquisition of Shur-Tite Products LLC. This strategic move is set to enhance Innoplast’s product offerings and market reach, reinforcing its position in the safety equipment industry.

Shur-Tite Products, known for its high-quality lane delineators and other safety products, has been a key player in ensuring roadway safety across various regions, including major urban areas like Detroit. Their lane delineators are a familiar sight on highways, providing crucial guidance and safety for both drivers and pedestrians.

Jim Johnson, Senior Reporter for Plastics News, highlighted the significance of this acquisition. “This acquisition is a critical step for Innoplast as it looks to broaden its product line and offer more comprehensive safety solutions to its customers,” said Johnson.

The acquisition of Shur-Tite allows Innoplast to integrate a range of innovative products into its existing lineup. These include advanced lane delineation systems and other traffic management solutions that are essential for modern roadway safety.

Innoplast Holdings has a strong reputation for supplying durable and reliable safety equipment, including bollard covers, speed bumps, and other traffic control products. The integration of Shur-Tite’s product line is expected to complement Innoplast’s existing offerings, providing customers with a one-stop solution for all their traffic and pedestrian safety needs.

“By acquiring Shur-Tite, we are not only expanding our product range but also reinforcing our commitment to safety and quality,” said a spokesperson for Innoplast Holdings. “This acquisition aligns with our strategic vision to lead the market in providing innovative safety solutions that protect and enhance the well-being of communities.”

The acquisition is expected to be finalized by the end of the second quarter, with both companies working closely to ensure a smooth transition for customers and employees alike. The financial terms of the deal have not been disclosed.

With this acquisition, Innoplast Holdings is set to strengthen its market position and continue its growth trajectory in the safety equipment sector. Customers can look forward to an expanded range of products and enhanced service capabilities from the combined strengths of Innoplast and Shur-Tite.

For more information about Innoplast Holdings and its range of safety products, visit Innoplast Holdings.

About Innoplast Holdings

Innoplast Holdings is a leading supplier of pedestrian and traffic safety equipment, dedicated to providing innovative solutions that ensure safety and enhance the quality of life. With a wide range of products, including bollard covers, speed bumps, and traffic management systems, Innoplast serves various sectors, including transportation, construction, and public safety.

About Shur-Tite Products LLC

Shur-Tite Products LLC specializes in the design and manufacture of traffic safety products, including lane delineators and other essential roadway safety equipment. Their products are widely used across the United States, known for their durability and effectiveness in guiding and protecting road users.