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Pexco Agrees to Acquire Extruder of Fence and Lawn and Garden Products

ATLANTA (April 6, 2011) – Pexco, the North American leader in the design and fabrication of custom extruded plastics products including chain-link enhancement products, marketed under the PDS® brand name, has purchased Patrician Products, Inc. of Hicksville, NY, a premier plastic extruder of fence and lawn and garden products throughout the US and internationally.

"This strategic acquisition further solidifies Pexco’s fence product capabilities and expands the application of our custom business into lawn and garden,” said Neil Shillingford, Pexco’s chief executive officer. Mr. Shillingford added the company will continue to investigate opportunities in key industries currently served by its seven plants in the United States and Mexico.

Founded and family owned since 1953, Patrician Products supplies a wide array of extrusion-based products to the fence and landscaping trade and consumers. Patrician fence products, including Fence Weave®, PVT®, Max Slat® and American Permahedge™ are well known and distributed through commercial and retail outlets including Lowe’s and The Home Depot. The products will be integrated into Pexco’s PDS® line of fence products, which provide privacy and security while enhancing the aesthetics of chain link and ornamental fences. Pexco continues to pioneer through plastic extrusion and fabrication new fence product innovation, such as a corporate branding program in which PDS fencing slats are custom produced in corporate colors, so new or existing chain link fence can be used to identify locations and promote the business.

Pexco will also continue the manufacture of Patrician’s extruded plastic landscape edging products, which include Industrial Edge, Professional Edge, Estate Edge® and Fast Edge® and are made available at major home and garden retailers and commercial distributors.

Ken Ilvento, National Sales Manager of Patrician, will join Pexco and continue to serve as a representative for fence filler and landscaping products.

Shillingford reaffirmed that Pexco’s strategy is to continue to grow profitably through investing organically and by acquisition in domestic markets in its chosen sectors. The company is continually seeking to enhance its competitive position as a custom extruder through product and process innovation, strengthening its sourcing and distribution capability, enhancing its supply chain and reducing cost while investing in IT, people and production capability to deliver superior customer service and value.

About Pexco
Part of Saw Mill Capital LLC and based in Atlanta with seven plants in the United States and Mexico, Pexco is a North American leader in the design and fabrication of extruded plastics products. It provides standard and custom parts and components to manufacturers and end-users for a broad range of custom applications, including the aerospace, retail, traffic safety, medical, lighting and fence industries. Pexco offers a full range of custom design, engineering and fabrication services. Pexco meets the requirements of ISO 9001:2000, holds ISO 14001 registration for all of its manufacturing operations and operates two class 100,000 clean rooms. For more information, visit www.pexco.com.

Media Contacts:
404-564-8560
marketing@pexco.com