French mold maker Plastisud buys Kentucky's Integrity Mold & Die

By Don Loepp
Editor

Published: February 18, 2013 11:09 am ET
Updated: February 18, 2013 1:10 pm ET

Related to this story

Topics Packaging, Mergers & Acquisitions, Molds/Tooling, Containers/closures, Injection molds

CASTELNAUDARY, FRANCE -- Plastisud SAS, a French manufacturer of injection molds that specializes in the packaging market, has purchased Integrity Mold & Die Ltd. of Mount Vernon, Ky.

Plastisud established a foothold in North America in 2009, when it opened a sales and technical office in Burlington, Ontario. With the purchase of Integrity Mold, the Castelnaudary-based company said it will be able to serve the North American market more effectively.

"The world runs faster and the needs of our customers are changing, requiring faster technical support and reactivity. Soon, it will not be possible to imagine any mold refurbishment or repair far away from its market," Plastisud said in a news release.

Last year Plastisud took a big step into China, with the announcement of a joint venture with injection press maker Engel Holding GmbH.

"Plastisud already is an international company, exporting 80 percent of its molds to the five continents," CEO Jean-Luc Giraud said in the release. "With the addition of integrity, we now have a more robust global presence."

Kleber Salazar, sales & marketing manager at Plastisud USA, said "This new platform will allow us to get closer to our customers and reinforces our global deployment strategy."

Plastisud has more than 200 employees and annual sales exceeding $50 million. The company specializes in tooling for closures and thin-wall packaging – its achievements include 144-cavity molds for beverage plastic closures under 1 gram with an olive plug seal. The company has a 130,000-square-foot production plant equipped with 10 injection presses.

Integrity Mold was founded by three molders -- Dwight Looney, Kyle Thompson and Rick McGraw -- in 1989, and has a 25,000-square-foot plant in Mount Vernon. The company has 25 employees and sales averaging $5 million annually.


Comments

French mold maker Plastisud buys Kentucky's Integrity Mold & Die

By Don Loepp
Editor

Published: February 18, 2013 11:09 am ET
Updated: February 18, 2013 1:10 pm ET

Post Your Comments


Back to story


More stories

Image

Blow molding machinery maker opens first plant in Taiwan

October 1, 2014 1:27 pm ET

Taiwanese equipment maker Kin Precision Industry Co. Ltd. has opened a 2,000-square-meter, 25-employee factory in Taichung, Taiwan, with an eye to...    More

Image

Speaker: Many issues can affect multi-cavity molds

October 1, 2014 2:02 pm ET

There are several conditions necessary across all cavities of a multi-cavity mold to ensure that all parts are produced the same. These include...    More

Image

Nucleation offers solution to shrinkage in HDPE closures

October 1, 2014 1:57 pm ET

For caps producers, nucleation can provide a practical solution to eliminate shrinkage variations in high density polyethylene beverage closures....    More

Image

Brown signs California's plastic bag ban into law

September 30, 2014 1:38 pm ET

Gov. Jerry Brown (D) made it official today: plastic bags are banned across the entire state of California.    More

Image

Extreme Tool uses remote Michigan location to attract younger workers

September 30, 2014 3:47 pm ET

“I'm not saying there's anything wrong with being an old guy like me. But I do believe in the power of youth and reinvesting in training. The bo...    More

Market Reports

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 industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

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

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

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

More Events