Dickten Masch acquires Nyloncraft

By Rhoda Miel
News Editor

Published: September 7, 2012 6:00 am ET

Related to this story

Topics Automotive, Mergers & Acquisitions, Injection Molding

NASHOTAH, WIS. (Sept. 7, 2:25 p.m. ET) — Dickten Masch Plastics LLC has purchased fellow molder Nyloncraft Inc. and will look to build on both companies’ engineering-plastics experience to replace metal components in the transportation industry.

Nyloncraft, based in Mishawaka, Ind., will retain its name, organization, operations and management team as part of the deal announced Sept. 7. Terms were not disclosed.

At the same time, Nashotah, Wis.-based Dickten Masch can look at opportunities to integrate technologies from both companies within a wider manufacturing footprint in the Midwest and expand offerings in Monterrey, Mexico.

Key elements of the joint operation are still being implemented, said Doreen Lettau, DMP vice president of market and business development, but it is clear there are benefits for both firms by joining forces.

“There is still a lot of stamping and die-casting parts [in automotive] and there is a lot that we can still convert and identify both under the hood and in structural parts,” she said in a telephone interview.

Dickten Masch has manufacturing in Nashotah; Ankeny, Iowa; and Monterrey. The company acquired the Monterrey plant in 2011 from UPG Inc.

Private investment group Patmian LLC bought Dickten Masch in 2010 with plans to build the company through regional expansions.

The injection molder focuses on functional plastics with both thermoset and thermoplastic production and works in a variety of industries including medical, hand tools, electrical and small-engine products. Its automotive products take in a variety of under-the-hood parts such as rocker covers, structural brackets and grilles.

Nyloncraft has production in Mishawaka and Jonesville, Mich., and has insert molding, gas-assist molding and overmolding but has also developed a specialty in injection compression molding — with structural plastics that can replace steel for car door carriers and seat backs.

Nyloncraft’s proprietary vacuum boost systems are used by engine makers to enhance vehicle braking and fuel systems by carefully adding an air boost to the system. The boost systems are important to automakers and commercial truck makers that need to reduce the size of engines without sacrificing performance.

The company has had the boost system in production for some time, but recently expanded the line to further tap into automakers’ requirements, said Nyloncraft President Jim Krzyzewski.

“What we’ve done is to take it to a new level,” he said.

The two companies jointly will have more than 800 employees and generate combined annual sales of about $175 million.

The firms will look at the best way to integrate their technologies within the other’s plants, Lettau said. An early shift is likely to provide manufacturing of Nyloncraft’s products in Mexico to existing Nyloncraft customers in the area, she said, which will allow the group better access to grow in the region.

“The customers, that’s one of the first things they’re jumping on, asking, ‘How soon can you be there?’ ” Krzyzewski said. “Existing product lines will probably stay where they’re at, but for future products, that’s where this cooperation will really be able to show itself.”


Comments

Dickten Masch acquires Nyloncraft

By Rhoda Miel
News Editor

Published: September 7, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Chinese auto suppliers growing in US

July 24, 2014 4:17 pm ET

Two China-based automotive suppliers are expanding in the U.S., according to information released by the Michigan Economic Development Corp.    More

Meredian merging with Danimer Scientific

July 24, 2014 1:59 pm ET

Bioplastics maker Meredian Inc. is merging with its sister firm, Danimer Scientific LLC.    More

Image

Injection molder, recycler Polyvulc USA puts itself up for sale

July 24, 2014 12:41 pm ET

Fred Farrell and Larry Lambiotte, founders of Polyvulc USA Inc. and its subsidiaries Polyvulc Tire Recycling Llc and Winnsboro Rubber Recycling LLC,...    More

OSHA probes alleged asthma link to Lear's Selma, Ala., plant

July 23, 2014 11:58 am ET

U.S. foam manufacturer Renosol Seating LLC is being investigated following allegations its workers are at risk of asthma from TDI exposure at its...    More

Image

Contigo, Avex buy lets Newell Rubbermaid leapfrog new bottle development

July 22, 2014 4:11 pm ET

Newell Rubbermaid Inc. is ready to accelerate its move into the reusable water bottle business with the purchase of two on-the-go drinkware brands.    More

Market Reports

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

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

More Events