Plasticon Inks Contract With R&S Manufacturing

Plasticon International Inc. announced that the company has signed a contract to supply R&S Manufacturing with close to a half million dollars of recycled plastic rebar supports. Plasticon's patented rebar supports will be supplied to R&S's customers with their post-tension cable products.

"We are thrilled about this contract with R&S," said Jim Turek, president and CEO of Plasticon International. "But more importantly, we are very excited about establishing and growing the relationship with R&S Manufacturing. We believe that this deal, combined with our existing contract with the largest distributor of building materials in the U.S., will give Plasticon the ability to dominate our sector. Not only do we have an edge with product development and technology, we also have a definitive edge in terms of our distribution relationships and our partnerships with companies such as R&S."

R&S Manufacturing is a supplier of post tension cabling in the United States. Post tensioning, which is used in slab construction, is a method of strengthening and reinforcing concrete using steel cables.

Additionally, R&S Manufacturing has indicated an interest in supplying their clients with Semco, Inc.'s line of surfacing products, which reinforce and completely waterproof concrete. Plasticon recently signed a letter of intent to acquire Semco in a privately financed cash transaction.