Bay State Acquires Pressalite Line
February 24, 2010
Massachusetts-based Bay State Specialty Co. (asi/38980) has announced the completion of an asset purchase of the Pressalite Line (asi/79940). Terms of the acquisition were not disclosed, but as part of the deal, the Pressalite operation will be moved to Massachusetts. Pressalite’s contact information, however, will remain unchanged. “Pressalite, similar to Bay State, is a family-owned and operated business with high standards of quality and service, and as a result, we feel this is the perfect fit for us,” said Joel Moore, president of Bay State.
Pressalite, based in West Chicago, has manufactured promotional items, including specialty flashlights, for the last 30 years. In addition, the Pressalite line currently features a newly-introduced LED squeeze lite. “The Pressalite squeeze lite is a staple of the promotional products industry, and we are very excited to have it as part of our line,” said Moore.
Bay State, founded in 1955, manufactures a variety of plastic products, including health and kitchen items.