TVV Capital buys Big 3 Precision Products

By Jessica Holbrook

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

By Jessica Holbrook

Published: January 10, 2013 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

LiquiForm looks to fundamentally change blow molding process for bottles

March 5, 2015 12:13 pm ET

Those in the know are lifting the veil, just a bit, on fledgling technology being developed that would fundamentally change the way plastic bottles...    More

Image

Southeastern Container closing plant as Coke shifts bottle production

March 5, 2015 11:07 am ET

About 50 people will lose their jobs at a PET bottle making facility in Effingham, Ill., as container manufacturing shifts to Coca-Cola bottling...    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 the...    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