Engineered Plastic Components buys injection molder Alladin Plastics

By Rhoda Miel
News Editor

Published: December 20, 2011 6:00 am ET

Related to this story

Topics Consumer Products, Mergers & Acquisitions, Injection Molding, Molds/Tooling

GRINNELL, IOWA (Dec. 20, 3:15 p.m. ET) — Engineered Plastic Components Inc. has completed its fifth acquisition of 2011, closing a deal to buy injection molder Alladin Plastics.

The purchase of Alladin’s assets, completed on Nov. 30, provides Grinnell, Iowa-based EPC with a larger manufacturing footprint in the southeastern United States.

Alladin has toolmaking, molding, painting and gas-assist molding in Surgoinsville, Tenn. Its product line included a range of housewares, with cups, bowls and kitchen utensils.

EPC owner and CEO Reza Kargarzadeh said in a news release that he expects to expand the operations in Tennessee, giving the company the ability to provide a diverse customer base with a range of products.

The Alladin purchase comes after a series of other purchases in 2011: UFE Inc.’s operations in Wisconsin, the assets of Action Products Inc. in Missouri and Injectech Industries Inc. in Michigan and the blow molding assets and operations of JCIM LLC in Michigan and Kentucky.

EPC now takes in 14 operations in North America with customers in the auto, appliance, medical and consumer products industries.

Kargarzadeh said the company will continue to evaluate potential acquisitions in 2012 as strategic opportunities arise and customers seek the company’s presence in new locations.


Comments

Engineered Plastic Components buys injection molder Alladin Plastics

By Rhoda Miel
News Editor

Published: December 20, 2011 6:00 am ET

Post Your Comments


Back to story


More stories

Image

RJG buys UK training group G&A

September 30, 2014 11:10 am ET

G&A Moulding Technology Ltd., a United Kingdom-based training and consultancy group, has been bought by RJG Inc., the U.S.-based training business.    More

Image

Ohio molder Denbro Plastics moves to new location

September 29, 2014 6:17 pm ET

Logo products injection molder Denbro Plastics Co. has moved to another plant within Toledo, Ohio, to streamline production and improve efficiency.    More

Image

Clariant extends reach into Asia with acquisition

September 29, 2014 9:54 am ET

Clariant International Ltd. is buying VitaPac (HK) Industrial Ltd., a Hong Kong-based company which produces desiccant packets for the healthcare...    More

Image

Nypro Healthcare continues to grow following Jabil acquisition

September 26, 2014 1:59 pm ET

Nypro Healthcare's newest medical device manufacturing facility offers 200,000 square feet of carefully configured Class 8 clean room molding and...    More

Image

England's Essentra buying Abric Berhad

September 26, 2014 11:31 am ET

Packaging firm Essentra plc has announced the planned acquisition of Abric Berhad, a Kuala Lumpur-based manufacturer of security sealing products.    More

Market Reports

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events