Husky Injection Molding Systems today announced it has completed the sale of Injectoplast, the former closure injection molding operation of KTW, to Alpla Holding GmbH (A-6971 Hard, Austria). The sale agreement was announced January 24, 2012.
Injectoplast was a division of KTW, a closure mold maker Husky acquired in early 2011. At the time of the KTW acquisition Husky announced it would be divesting of Injectoplast due to potential conflicts with its existing injection molding customers.