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

Bubbles add some flair to 'Plain Jane' PET bottles

December 17, 2014 1:05 pm ET

Ron Puvak and the folks over at Plastic Technologies Inc. see big things coming from some very tiny bubbles.    More

Image

Amcor unveils hot-fill PET jars that accept metal lug closures

December 17, 2014 8:47 am ET

Amcor Rigid Plastics has developed hot-fill PET jars that accept metal lug closures — which the company claims is a first for food packaging.    More

Image

Quick-Start manifolds designed to complement Rheo-Pro hot runners.

December 17, 2014 6:00 am ET

MHS Mold Hotrunner Solutions of Georgetown, Ontario, has introduced the pre-engineered Quick-Start line of hot runner manifolds, designed to...    More

Mold maker I. Thibault plans to invest more capital in Mexico

December 16, 2014 1:03 pm ET

Canadian mold maker I. Thibault Inc. plans to invest more capital in its wholly owned Mexican subsidiary, which it started operating in the summer.    More

Image

Indian mold maker Vasantha sees 'great potential' in Mexico

December 16, 2014 12:52 pm ET

Indian mold maker Vasantha Tool Crafts Pvt. Ltd. has appointed its first sales representative in Mexico, 15-year plastics industry professional Eric B...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

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

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