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

Netstal, Electra Form team up for PET preform partnership

November 20, 2014 3:15 pm ET

The Netstal division of Krauss-Maffei Corp. is teaming up with Electra Form Industries in a partnership to offer PET preform machines and molds as a...    More

Image

PET film maker Evertis expanding production in Mexico, Brazil, Portugal

November 20, 2014 2:52 pm ET

Evertis, a PET film maker, is expanding production at plants in Mexico, Brazil and Portugal, the company said.    More

Image

Coveris changes culture, eyes IPO

November 20, 2014 1:40 pm ET

CEO Gary Masse has a simple message, and some new math, for everyone at Coveris Holdings Corp. Get on board or get out of the way.    More

Image

Total to buy majority stake in Polyblend

November 20, 2014 10:04 am ET

French oil and gas giant Total SA will buy a 68 percent stake in Germany's Polyblend GmbH, a subsidiary of Polymer-Chemie GmbH.    More

Deimling/Jeliho expanding molding, mold making operations

November 19, 2014 3:18 pm ET

Deimling/Jeliho Plastics Inc., a custom thermoplastics injection molder and contract manufacturer located in Amelia, Ohio, is expanding its molding an...    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events