J-M Completes PW Eagle Merger
J-M Manufacturing Co. completed its previously reported merger
transaction with PW Eagle Inc. in late June, in which PW Eagle became a wholly
owned subsidiary of J-M Manufacturing. The companies will be collectively known
as JM Eagle, and together comprise the world’s largest plastic pipe
manufacturer, with 25 manufacturing plants in North America and a workforce of
about 2,300 employees. The total acquisition price was about $400 million.