Investment firm forms new company with assets of US Plastic Lumber

San Bernadino, Calif.-based investment group American Pacific Financial Corporation (AMPAC) has purchased the assets of plastic decking manufacturer US Plastic Lumber Inc. (USPL), of Chicago, Ill., and launched a new company called Trimax Building Products Inc.
Trimax, also headquartered in Chicago, will manufacture high density polyethylene (PE) plastic lumber.
“This new company and identity will allow us to expand into defined niche markets and expand our national and international network of building material distributors and dealers,” Shaun Webb, Trimax’s president and chief executive officer, said.