A Broome County man-owned business has been acquired by a global supplier of building materials.
National Pipe and Plastics has been sold to Oldcastle Infrastructure, which is a unit of CRH in Dublin, Ireland.
David Culbertson of Vestal has owned National Pipe since 2004. According to the company’s website, he joined the company in 1997 as treasurer and chief financial officer.
Oldcastle Infrastructure did not disclose the terms of the agreement. Culbertson, who retired from National Pipe in May, could not be reached for comment.
National Pipe and Plastics has approximately 300 employees. The company operates production facilities in West Endicott and Greensboro, North Carolina.
According to the Oldcastle Infrastructure sale announcement, National Pipe supplies PVC pipe for the potable water, wastewater, electrical conduit and drainage markets.
National Pipe moved its Broome County plant from Vestal to West Endicott in 2014. The company moved its offices to a site next to the manufacturing plant last summer.