LEXINGTON, Ky., April 23, 2013 /PRNewswire/ — Spara, LLC has regained the control of Lexington Logistics (“LL”), a plastic thermoformer in Portage, Wisconsin. Spara, LLC has immediately deployed a management team to assess and stabilize the business. Spara is collaborating with Fifth Third Bank, LL’s senior secured lender, on this effort. As part of the transition, Mike Ceming has resigned from the role of President of Lexington Logistics.

About Lexington Logistics
Spara, LLC purchased the assets of Lexington Logistics in June 2011. Lexington Logistics, headquartered in a 273,000 sq. ft. facility in Portage, Wisconsin, specializes in the design and manufacture of heavy-gauge, single and twin sheet plastic thermoformed products including reusable plastic pallets, components, shipping containers, and custom dunnage for the automotive, material handling, and packaging industries.

About Spara, LLC
Spara, LLC is a group of companies with operating entities that design, manufacture and supply components for the global aerospace, energy, military/defense, and transportation industries. With 12 locations in the United States, Spara specializes in forging, casting, and molding of various types of ferrous and non-ferrous metals, and plastic. Spara is headquartered in Lexington, Kentucky. For more information visit www.sparagroup.com

SOURCE Spara, LLC