Marmon Engineered Components Co. has acquired plastics parts maker Prism Plastics from Altus Capital Partners for undisclosed terms. The buyer is owned by Warren Buffett's Berkshire Hathaway (NYSE: BRK.A).

Chesterfield, Michigan-Prism, founded in 1999, makes injection molding plastic parts for the automotive, industrials and medical sectors. Altus acquired the company in 2014 and in 2016, Prism purchased Tech Molded Plastics.

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