Sarasota family office acquires large manufacturing plant


The plastic recycling plant is at 282 Cane Creek Road in Fletcher, North Carolina.
The plastic recycling plant is at 282 Cane Creek Road in Fletcher, North Carolina.
Courtesy image
  • Manatee-Sarasota
  • Share

Nickolas Asset Management, a Sarasota-based family office owned by Nickolas Reinhart, has acquired a manufacturing plant. The 120,000-square-foot facility was owned by Material Difference Technologies, a plastic resin supplier and processor headquartered in Bradenton. Financial terms of the deal  for the facility — located in Fletcher, North Carolina — were not disclosed.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content