Portage Plastics purchased by Massachusetts company; most jobs saved

At the end of December, Portage Plastics was forced to close, but many of its employees’ jobs were saved thanks to the purchase of the company by Lacerta Group, based in Mansfield, Massachusetts, for an undisclosed sum, according to a report from the Wisconsin State Journal. Fifty-eight employees have been retained.

Now operations are continuing at the Portage facility, and there are now plans to expand the company’s customer base and the facility itself. The facility sits on 10 acres and there’s enough room to add 100,000 square feet of manufacturing space on the property.