Ringmetall has agreed to purchase the thermoforming division of New England Plastics, based in New Bedford, Massachusetts, through an asset deal. Financial terms of the deal remain undisclosed. The acquired business supplies rigid and form liners, tote liners and other thermoformed components used in industrial packaging. The unit employs 41 staff, all of whom will remain with the business, and generates annual sales in the “high single-digit million (USD) range”. Ringmetall stated that the transactio ...