Inteplast Group agreed to acquire composite decking manufacturer Fiberon from a subsidiary of Fortune Brands Innovations.
The deal includes Fiberon's decking plants in N.C. and Idaho.
The agreement includes Inteplast’s acquisition of Fiberon’s manufacturing sites in New London, N.C., where its headquarters are located, and one site in Meridian, Idaho.
The agreement includes Inteplast’s acquisition of Fiberon’s manufacturing sites in New London, N.C., and one site in Meridian, ID. Fiberon is a leading U.S. manufacturer of wood-alternative decking, railing and cladding distributed worldwide.
Inteplast Group is encouraging US manufacturers to strengthen apprenticeship programmes, build closer ties with schools and colleges, and rethink how they promote careers in the sector as growing interest from Generation Z coincides with a wave of retirements across the manufacturing workforce.
