June 30, 2017
Main Street Capital Holdings Announces Sale of Sajar Plastics
Main Street Exits Investment in Gas Assist Injection Molder
PITTSBURGH, PA – June 30, 2017 – Main Street Capital Holdings, LLC, a private investment firm specializing in acquisitions of growth-oriented companies, announced that it has sold Sajar Plastics, LLC, a supplier of complex injection molded OEM parts for the medical, banking, consumer durables, and technology end-markets. Terms of the deal were not disclosed.
Sajar Plastics is a leading pioneer in the development of gas assist injection molded parts. Sajar designs and produces large, complex parts with high quality cosmetics. The company operates out of a 150,000-sq. ft. manufacturing facility based in Middlefield, OH. Sajar has commercialized over 500 gas assisted parts for leading OEMs in a wide variety of industries including medical, laboratory and diagnostic, manufacturing, business, and retail registers/dispensing machines. Sajar Plastics was founded in 1949.