“The Polynet acquisition allows us to expand our netting capabilities in food product packaging market,” says Mark Lewry, CEO and President of Conwed. “By integrating Polynet, we will extend our comprehensive offering of netting products.” Conwed plans to integrate Polynet manufacturing with another recently acquired company NSW, a manufacturer of plastic netting products for packaging and filtration located in Roanoke, Virginia.
John W. Scobo, President of Polynet, will join the Conwed management team. This is the 5th acquisition Conwed has completed in the plastics industry within the past 3-years.