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
Companies & Associations

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

Haitian builds system for Renault's new China auto assembly plant

April 24, 2015 11:10 am ET

A late-comer to the world's largest auto market, French carmaker Renault SA is currently building its first factory in China.    More

Image

Eriks NV buys two US polymer companies

April 24, 2015 10:38 am ET

Dutch company Eriks NV is expanding its reach in the North American plastics sector with two acquisitions: Dallas-based Seals and Packings Inc. and...    More

Image

Jeco adds Ferry rotational molder to handle increase in business

April 23, 2015 12:27 pm ET

Jeco Plastics Products LLC is ramping up for more work, adding a new Ferry 2600 rotational molder that will provide more capabilities.    More

Image

Engel, VW working on joint research into high volume composites in auto

April 23, 2015 9:40 am ET

Engel, the Austria-based manufacturer of injection molding machines, is building one of its largest machines for a research center looking into...    More

Image

Federal-Mogul building auto wiper blade plant in Romania

April 22, 2015 12:28 pm ET

U.S. car parts maker Federal-Mogul Holdings Corp. has unveiled plans to establish a new production facility in Ploiesti, Romania, reports local news m...    More

Market Reports

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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

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

Upcoming Plastics News Events

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

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events