Empowered Ventures Acquires Paramount Plastics
Summary
CARMEL, Ind.--(BUSINESS WIRE)--Empowered Ventures, an employee-owned holding company based in Carmel, IN, is pleased to announce the acquisition of Paramount Plastics (Paramount), a custom plastics thermoforming company that serves the recreational vehicle, marine, and specialty vehicle industries. Founded by the Prugh & Lim family in 1982 and based in Elkhart, Indiana, Paramount has been an innovator, winning multiple design awards and developing unique, non-commodity products. “Since starting Paramount nearly forty years ago, we’ve worked hard to build a business on which so many employees and customers depend. Working with Empowered Ventures enables an owner to sell their business while confidently leaving it in the hands of those who know it best – an ideal scenario for a company like Paramount. Paramount’s talented and dedicated team takes tremendous pride in helping its customers navigate supply chain challenges by providing exceptional service, reliability and quality.