Hi-Tech Rubber owner buys PU moulding firm

Anahein, California–A holding company for Hi-Tech Rubber Inc. has acquired Inland Technologies Inc. Terms were not disclosed. Both firms make precision components and assemblies, mostly for medical devices and disposables.

“Inland’s plastic moulding expertise will be a perfect complement to our abilities in silicone and rubber,” said Bill Sherman, president of Anaheim-based HTR, Calif. HTR also processes thermoplastic elastomers and polyurethane.

Equity investors Century Park Capital Partners of Los Angeles and Red Diamond Capital Inc. of New York provided the funding as an extension of two…

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