Teachers' Acquires Plano Molding Company

[Glenn]

Ontario Teachers' Pension Plan (Teachers') today announced an agreement for the acquisition of Plano Molding Company, Inc.

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[HuskyKMA]

Seems like an odd acquisition, will be interesting to see where this goes.

[SirSnookalot]

Odd, not the first pension fund to make investments. The Texas teachers pension invested in Las Vegas gaming company, Station Casinos and we all remember Jimmy Hoffa with the UAW pension, and I'm sure there are many more.

Plano was purchased by TPC, the pensions private equity fund as I understood the article, private equities always make me shutter a bit. Yes it will be interesting to see where it goes.