ARLIN Mfg. Co., Inc., Signs a Letter of Intent to Purchase Toray Plastics (America), Inc. Old Baptist Road Film Plant
North Kingstown, Rhode Island (September 2, 2021)—ARLIN Mfg. Co., Inc., announces that it has signed a letter of intent with Toray Plastics (America), to purchase its Old Baptist Road (OBR) plant. ARLIN will continue operations and provide service to OBR customers. The transfer of the business to ARLIN is scheduled for December 31, 2021.
Steven Mitchell, Vice President at ARLIN, says the company looks forward to maintaining the high level of service and product quality to which Toray’s customers are accustomed. “ARLIN also has a legacy of commitment to excellence in the manufacture of cast OPP film and customer service, and we are very pleased to be able to acquire the plant. The OBR facility will complement our Trico Specialty Films division and expand our capabilities,” he adds.
Toray Plastics (America), Inc., is a leading manufacturer of polyester, polypropylene, and metallized films and polypropylene and polyethylene foams. The company is committed to environmental, social, and corporate governance and aims to contribute to society through the creation of new value with innovative ideas, technologies, and products that help address global issues. R&D is focused on the development of materials that are fossil fuel-free, compostable, biodegradable, and/or recyclable. The company’s sustainability initiative, launched in 2004, includes the operating of one of Rhode Island’s larger solar farms and two cogeneration systems, energy and water conservation, recycling, and zero landfill.
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