Company Acquires US Plastic Lumber

American Pacific Financial Corp., San Bernardino, Calif., has acquired the assets of US Plastic Lumber Inc., Chicago, forming Trimax Building Products.

According to a press release from Trimax, the acquisition makes the company one of the nation's leading manufacturers of high density polyethylene building materials for structural lumber, transportation, marina and residential decking products.

Trimax Building Products Inc. was founded by American Pacific Financial Corp. (AMPAC) to ensure “the cohesive branding and management of its current, expanded and anticipated new product lines,” according to the release.

"Our interest in plastic lumber and related products stems from its unique patented approach to manufacturing quality, maintenance-free ‘green built’ products for residential, commercial or industrial applications,” Larry Polhill, chairman of the board and CEO of AMPAC, says. “Our products are made primarily from recycled plastics, and are environmentally safe and chemical free, contributing to a positive environment, which is so important today.”

"This new company and identity will allow us to expand into defined niche markets where we have expertise, and expand our national and international network of building material distributors and dealers,” Shaun Webb, president and CEO of Trimax, says.

AMPAC is a private equity investment firm with interests in real estate, food processing, publishing, hospitality, health, entertainment and manufacturing.