American Plastics, formerly Katy Industries, Inc., is a holding company for a group of businesses which produce and distribute maintenance products and electrical products.
The second designs and distributes consumer electrical-corded products.
That includes its namesake, the Missouri–Kansas–Texas Railroad, a regional carrier which Katy Industries sold to Union Pacific Corporation in 1988.
[5] Members of the board of directors in 2013 were CEO David J. Feldman, Wallace E. Carroll, Jr., Daniel B. Carroll, and four members of private equity firm Kohlberg & Company: chairman William F. Andrews, Christopher W. Anderson, Samuel P. Freider, and Shant Mardirossian.
[6] It was bought out later that year by Highview Capital LLC and Victory Park Capital Advisors LLC, and renamed American Plastics.