Georgetown, Mass. - UFP Technologies, Inc. (Nasdaq: UFPT), a manufacturer of packaging and specialty component products, today announced the acquisition of Packaging Alternatives Corporation ("PAC"). Founded in 1977 and located in Costa Mesa, California, PAC is a full service designer, converter, and distributor of foam plastic products, specializing in technical polyurethane foams principally for the medical market. Sales in 2011 were approximately $10 million.
"We are very excited about ...