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The Boston Globe

Business

Fla. firm to pay $665m for Clinton plastics maker

Jabil Circuit expects to retain Nypro workers

After 15 years as an employee-owned company, Clinton plastics maker Nypro Inc. said Monday that it is being acquired by a Florida company for $665 million.

Under the deal, Nypro’s employee shareholders will cash out and Nypro will become part of Jabil Circuit Inc., a St. Petersburg, Fla., firm that provides electronic product and supply chain management services.

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