Florence, KY - November 12, 2009:

            Parkway Products Inc. and Nypro Inc. announced today Parkway’s acquisition of a majority stake in Nypro’s injection molding and painting/laser etching business in Marietta, Georgia.  The Marietta-based operation consists of two adjacent facilities, which will be marketed and operated by Parkway’s Enterprise Molded Products business unit.  Nypro will retain a minority stake in the business.
               “We are excited to add paint/laser etch product technology and a strong, customer-focused Marietta operating team to Parkway.” said Al Ridilla, Vice President of Parkway EMP. “This acquisition will benefit Marietta customers, provide new options to current Parkway clients and continues our expansion in the transportation market segment.”
               The Marietta operation will continue to produce both functional injection molded components and backlit components created through the paint & laser etching process for the automotive industry. Both Marietta facilities are ISO 9001and TS16949 certified.  Parkway EMP currently provides a range of molded components to the automotive, medical, building systems, electronics and industrial markets.
              

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Parkway Products is a global leader in custom molding technologies, serving customers worldwide with a broad portfolio of design, production and program management capabilities through three business units: Enterprise Molded Products, Aerospace & Defense, and Specialty Products.  A privately held corporation based in Florence, KY, Parkway specializes in the molding of high performance thermoplastics, thermosets, composites, polyurethane, rubber & elastomers and injection-molded magnesium.

Nypro is a leading global plastics manufacturer with 48 facilities in 16 countries, employing about 14,000 people and more than $1.1 billion in revenue.  Major markets are healthcare, packaging and consumer/electronics.  Nypro is one of the ten largest employee owned companies.