Sector: Manufacturing / Distribution
Headquarters: Hatfield, PA
SIC Code: 3089
Jet Industries, Inc. is a leading manufacturer of injection molded disposable plastic cutlery, tumblers, dinnerware and extruded drinking straws. Jet pioneered the manufacture of plastic cutlery and has grown into a major provider of disposable tableware to the institutional food service, fast food and paper distribution markets.
Trivest backed Jet Plastica’s existing CEO who had desired to purchase the business from the Company’s non-active owner. During Trivest’s ownership, Jet made significant capital investments to modernize its manufacturing plants, initiated the process to begin outsourcing certain of its product lines and increased sales and profitability.