US equity firm invests in Boston Plastics Shanghai

Published: December 19, 2012 6:00 am ET

Related to this story

Topics Automotive, Consumer Products, Mergers & Acquisitions, Injection Molding

CHICAGO (Dec. 19, 12 p.m. ET) — Baird Capital Partners Asia has invested an undisclosed amount in Boston Plastics (Shanghai) Pte. Ltd., a Singapore-based injection molder with manufacturing plants in China.

Terms were not disclosed. Baird is a China-focused investment group owned by Chicago-based private equity firm Robert W. Baird & Co.

Boston Plastics serves automotive, consumer electronics, imaging and industrial customers and has plants in Shanghai, Changchun and Taicang.

According to a news release from Baird, the investment will help Boston Plastics position itself for growth and expansion automotive, healthcare and clean energy sectors.

Eddie Chia Eng Kay, general manager of Boston Plastics, said his firm will leverage Baird’s experience in the plastics industry. Baird’s previous plastics-related investments included screw and barrel maker Xaloy.

Huaming Gu, a partner with Baird Capital Partners Asia, will join the Boston Plastics board of directors.


Comments

US equity firm invests in Boston Plastics Shanghai

Published: December 19, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Finalists named for 2014 SPE Automotive Innovation Awards

October 30, 2014 11:00 am ET

The Society of Plastics Engineers Automotive Division has selected finalists for its 2014 Automotive Innovation Awards competition. Category winners...    More

Auto supplier receiving grant to help expansion

October 30, 2014 3:35 pm ET

Summit Polymers is receiving an $800,000 performance based grant to help with a $7.3 million expansion of three of its Michigan facilities.    More

Image

Magna opens new exterior facility, plans for lighting investment

October 30, 2014 1:36 pm ET

Canadian automotive supplier Magna International Inc. on Oct. 28 opened a new injection molding and robotic paint line facility in Delta Township,...    More

Image

Xten may shut down, working on sale to Commercial Plastics

October 29, 2014 5:49 pm ET

Xten Industries LLC is working on a sale to Commercial Plastics Co. of Mundelein, Ill. Xten, an injection molder based in Kenosha, Wis., filed a...    More

Image

Detroit Manufacturing Systems to hire 200 for F-150 production

October 29, 2014 10:40 am ET

Interior trim supplier Detroit Manufacturing Systems LLC plans to hire 200 assembly workers by January to support production growth of Ford Motor Co.'...    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

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 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

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events