U.S. Plastic Lumber Becomes Trimax Building Products

In an effort to capitalize on the brand value of one of its many acquisitions, the financially troubled U.S. Plastic Lumber (USPL) company has been renamed Trimax Building Products, Inc. The rechristening follows the purchase of the company by a private equity firm, American Pacific Financial Corp., according to a January 16, 2006, Plastics News article. A business unit of American Pacific was the debtor-in-possession lender of USPL through the plastic lumber company’s bankruptcy (see EBN Vol. 13, No. 9); other debtors opposed the sale.
...

To read the complete article, please login below.

BuildingGreen.com