Ohio molder Laszeray recapitalizes

By Jessica Holbrook

Published: December 18, 2012 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Injection Molding, Molds/Tooling

NORTH ROYALTON, OHIO (Dec. 18, 12:35 p.m. ET) — Custom injection molder Laszeray Technologies Inc. has been recapitalized by company management and an undisclosed investor.

The recapitalization will allow the company to continue to grow and provide customers with the “high-quality products and exceptional customer service they have come to expect,” said Raymond Sueffert, founder and CEO of Laszeray, in a news release.

Details of the recapitalization were not disclosed. Western Reserve Partners LLC, Laszeray’s exclusive investment banker for the transaction, announced the recapitalization in a Dec. 18 news release.

Laszeray, based in North Royalton, offers tooling, design, prototyping and printing capabilities. In 2010, the company underwent its latest expansion, adding warehouse space and more than $1.3 million in new equipment to its approximately 39,000-square-foot facility.


Comments

Ohio molder Laszeray recapitalizes

By Jessica Holbrook

Published: December 18, 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

ResTech companies renamed Plastics Molding Manufacturing

March 5, 2015 3:54 pm ET

Plastics Molding Manufacturing Inc. is the new name for the ResTech Plastic Molding LLC family of companies.    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

PET makes it possible to have your beer and be sustainable too

March 5, 2015 10:45 am ET

PET could replace stainless steel beer kegs in a material swap product developers say will be more environmentally friendly and cost effective for...    More

Image

Mold maker Moldworx building in Arizona to bring in more molding

March 5, 2015 10:13 am ET

Moldworx LLC has begun leasing more space in Gilbert, Ariz., to allow it to grow its injection molding business.    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