TVV Capital buys Big 3 Precision Products

Published: January 10, 2013 6:00 am ET

Related to this story

Topics Mergers & Acquisitions, Packaging, Blow Molding, Molds/Tooling

CENTRALIA, ILL. (Jan. 10, 12:45 p.m. ET) — Big 3 Precision Products Inc., a manufacturer of injection blow molds, has been acquired by private equity firm TVV Capital of Nashville, Tenn.

The acquisition will allow Big 3 to take full advantage of market expansion and globalization opportunities, and supports the company’s next phase of growth, said CEO and President Alan Scheidt in a news release.

TVV purchased Big 3 directly from its owners. Terms of deal were not disclosed.

Big 3, based in Centralia, Ill., makes tooling for injection blow molding and injection stretch blow molding. The company says it makes molds for all leading machine manufacturers, along with offering product development, preform design, and in-house sampling.

Big 3 also sells its own injection blow molding press – the BMP-145T – which debuted in 2009.

The company’s blow molding customers are in the pharmaceutical and personal care industries.

In addition to tooling, Big 3’s material handling division designs and produces shipping and storage racks for the automotive, plastic and fiberglass industries.

The company also makes metal fabrication products for the automotive industry.

Big 3 has manufacturing operations in Centralia and Millville, N.J.


Comments

TVV Capital buys Big 3 Precision Products

Published: January 10, 2013 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Newell Rubbermaid expanding production, employment in Kansas

March 3, 2015 3:31 pm ET

Newell Rubbermaid Inc. is expanding and extending plastics molding technologies at its Winfield, Kan., manufacturing plant and distribution center.    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

Image

Clear Lam settles Doritos lawsuit

March 3, 2015 4:06 pm ET

Clear Lam Packaging Inc. has settled a months-old lawsuit against Frito-Lay Inc. alleging “breach of contract, false advertising, and...    More

Image

Best Places To Work: No. 4, Ayanna Plastics & Engineering Inc.

March 3, 2015 2:39 pm ET

Ayanna Plastics & Engineering Inc., a Clearwater, Fla., injection molder and toolmaker, ranks No. 4 on the Plastics News Best Places to Work list....    More

Image

Coveris sees 'common culture' form after mergers, acquisitions

March 3, 2015 11:37 am ET

Coveris Holdings Corp. is a mega-rollup in packaging, a major international player, said Robert Larson, president of Coveris' Food and Consumer North ...    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