Central Plastics acquires Connectra Fusion

Central Plastics Company announced March 8 that it has acquired Gainesville, TX-based Connectra Fusion Technologies LLC from its co-owners, Christie Capital and TD Williamson. Under the terms of the agreement, Connectra will become a wholly owned subsidiary of Central Plastics and will continue to operate under the Connectra name. Connectra President Ron Underwood will remain in the key leadership role overseeing Connectra operations, which will remain in Gainesville...

SHAWNEE, OK, March 27, 2007 -- Central Plastics Company announced March 8 that it has acquired Gainesville, TX-based Connectra Fusion Technologies LLC from its co-owners, Christie Capital and TD Williamson.

Under the terms of the agreement, Connectra will become a wholly owned subsidiary of Central Plastics and will continue to operate under the Connectra name. Connectra President Ron Underwood will remain in the key leadership role overseeing Connectra operations, which will remain in Gainesville.

"We are excited to be adding Connectra's strength & expertise in polyethylene pipe fusion to our stable of products & services," says Rocky Wade, President of Central Plastics. "It is our goal to be the provider of choice in the ever increasing and highly diversified international piping industry, and Connectra's focus on fusion and its excellent customer service will fit well with Central's strategy to be 'The Source' for fittings, equipment, and connection accessories."

While Connectra Fusion technologies was founded in 2001 as a result of a merger between Christie Capital and TD Williamson's Polyethylene Products division, the product design, manufacture, and application dates back to the early 70's through Christie and Rigid Tool. With a motto of "Simply Fusion", Connectra has enjoyed success in the polyethylene pipe fusion industry by focusing on simplicity and reliability. Touting its hand operated machinery as a "basic, smart solution", the company also offers a full line of fusion equipment and accessories, including electric hydraulic machines up to 42-inches.

"We see exciting things for Connectra's future as part of a bigger company like Central Plastics," says Philip Christie of Connectra. "Connectra will be able to bring our 'simpler is smarter' approach to a larger, more international market. It's a win-win for everyone including customers."

Central Plastics Company (www.centralplastics.com) is a global leader in the development, manufacturing and supply of reliable and innovative system joining products used in most 21st century infrastructure systems: including; natural gas, municipal, industrial and oilfield sectors. With engineering and production capabilities built around specialized business units (Plastics, Metals, Specialty and Shared Services); Central Plastics utilizes the latest in modern business practices and cutting edge computerized process control technology. A privately held company, founded in 1955, with operations based in Shawnee, OK, Central Plastics continues to respond to increasing industry needs.

For more information on Connectra Fusion Technologies LLC, see: www.connectrafusion.com

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