“We are thrilled to be partnering with one of Florida’s premier providers of PET containers,” said Ray Grupinski, Precision Concepts’ CEO. “This acquisition extends our footprint in the southeast and continues our strategy of partnering with world-class, founder-led businesses.”
“As we continue to invest in capacity and expand production, we knew it was important to find a partner who shared our values and could support our next phase of growth,” said Arnold Coburn, C&G’s CEO. “Precision Concepts' commitment to customer service and quality perfectly aligns with C&G's core values. We are incredibly excited about the growth opportunities that lie ahead.”
C&G will continue to be led by its existing leadership team and investments are currently underway to expand its manufacturing footprint in Miami. Existing and prospective C&G customers will also have the opportunity to leverage Precision Concepts’ other manufacturing facilities across the US, Canada, and Latin America to meet their constantly evolving needs.
