Preformed Line Products acquires injection molder Pilot Plastics to boost broadband component capacity

PREFORMED LINE PRODUCTS CO

Acquired substantially all assets of Pilot Plastics, an injection molding specialist founded 2001 in Peninsula, Ohio.
Also purchasing the land and building used by Pilot from Jendrisak Properties, LLC.
Pilot has been a partner for 15 years; acquisition expands PLP's injection molding for fiber optic devices.
Deal supports PLP's COYOTE and FIBERLIGN products for FTTH and 5G networks; no financial terms disclosed.
PLP plans gradual transition of product line manufacturing to Pilot throughout 2023.

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