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.
In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.
Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.