Thermoformer CW Thomas buys local rival Analytic Plastics

By Jessica Holbrook

Published: July 30, 2012 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Thermoforming

PHILADELPHIA (July 30, 3:55 p.m. ET) — CW Thomas Inc., a thermoformer based in Philadelphia, has acquired custom thermoformer Analytic Plastics Inc.

CW will move tools and some equipment from Analytic’s plant in nearby Bensalem, Pa., to its own 80,000-square-foot facility, and take over Analytic’s orders and inventory.

The two plants are located about 10 miles apart. Three of Analytic’s six employees will move to CW, said Bob Brennan, vice president of operations.

“It’s a very small company, but for us, it’s a nice little expansion,” he said by phone.

Brennan would not disclose terms of the deal.

The acquisition will allow CW to expand its customer base and offer Analytic’s products at a lower cost, he said.

Analytic vacuum forms parts, mainly for commercial customers, in contrast to CW who uses both vacuum and pressure forming to make specialized and technical parts, he said.

CW also offers in-house tooling, engineering and assembly. It largely serves the transportation, aerospace, industrial and medial markets.

CW is more focused on using the expansion to broaden its customer base rather than its product offerings, and plans to “use our technologies to get to a broader range of customers,” Brennan said.

CW, a privately owned company, does not disclose financial information. It currently has 45 employees.

Analytics reported sales of $1 million in 2012, according to the most recent Plastics News survey of North American thermoformers.


Comments

Thermoformer CW Thomas buys local rival Analytic Plastics

By Jessica Holbrook

Published: July 30, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

VisiPak adds to customer mix, product offerings with Tulox acquisition

March 5, 2015 2:19 pm ET

VisiPak has acquired Tulox Plastics Corp., a maker of clear plastic packaging.    More

Image

Auto supplier Motus adds more production as it buys Leon Interiors

March 5, 2015 10:52 am ET

Motus Integrated Technologies, a Tier 1 automotive interiors supplier, is getting bigger, adding the assets of Tier 2 supplier Leon Interiors Inc.    More

Image

Wright Plastic Products buys Tennessee auto supplier Hope Industries

March 4, 2015 3:51 pm ET

Michigan custom injection molder Wright Plastic Products Co. LLC has acquired Tennessee-based automotive supplier Hope Industries Inc., the companies ...    More

Image

Shepherd named Thermoformer of the Year

March 4, 2015 11:32 am ET

Barry Shepherd, of Shepherd Thermoforming and Packaging Inc., is the newest Thermoformer of the Year.    More

Image

Accella buys IPS Polymer Systems

March 3, 2015 5:26 pm ET

Accella Performance Materials Inc. is acquiring IPS Polymer Systems Inc. to expand the firm's growing polyurethane operation.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

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

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

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

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

More Events