ALPENA, MI - Panel Processing Inc. has purchased the assets of Thermo Pressed Laminates Inc., a laminator and components manufacturer based in Klamath Falls, OR. TPL, which was founded in 1992, will be a subsidiary of Panel Processing Inc.

In announcing the news, Panel Processing said TPL's location will enable it to better serve customers on the West Coast. A custom flat panel fabricator and coating specialist, Panel Processing and its subsidiaries, Alabama Inter-Forest and Holland Panel Products, serve the retail fixture, P.O.P. display, packaging, furniture, toy and game, digital print signage, and cabinet industry.

Headquartered in Alpena, MI, Panel Processing has nine manufacturing plants in six locations, in four states. Founded in 1971, Panel Processing is an employee-owned (ESOP) company.

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