ResTech Plastic Molding buys TechAtlantic

By Frank Antosiewicz
Correspondent

Published: April 23, 2013 3:19 pm ET

Related to this story

Topics Mergers & Acquisitions, Injection Molding

HUDSON, MASS. — ResTech Plastic Molding Inc. is expanding its reach to Berlin, Conn., with the acquisition of custom molder TechAtlantic Inc.

The combined entity will operate under the ResTech Plastic Molding name in both locations. Terms were not released.

TechAtlantic has 22 employees and operates 22 injection molding machines in a 64,000 square foot facility. The presses range from 22-500 tons of clamping force. The company has toolmaking and design capabilities with a tool room and full tool maintenance ability.

TechAtlantic serves a diverse clientele, working with customers on fluid filtration systems, medical components, automotive, personal care and electronics. According to ResTech, the current management will stay with the company.

Hudston-based ResTech said in a statement that it acquired a company with solid reputation in quality and customer service, and that the deal is part of an overall strategy to expand manufacturing in the United States.

ResTech was established in 2010 when Plastic Molding Manufacturing acquired Res-Tech Corp. The combined entity supports original equipment manufacturers and emerging high-tech companies. It has molding and design capabilities, and operates a Class 8 clean room with six electric presses with clamping forces ranging from 40-110 tons.

Overall, ResTech operates 36 injection molding machines and that number will be boosted to 58 with the addition of TechAtlantic.


Comments

ResTech Plastic Molding buys TechAtlantic

By Frank Antosiewicz
Correspondent

Published: April 23, 2013 3:19 pm ET

Post Your Comments


Back to story


More stories

Image

Cascade Engineering founder Keller to step down as CEO

September 16, 2014 8:33 pm ET

Cascade Engineering Inc. is undergoing a transition as President Mark Miller will also add the role of CEO, replacing founder Fred Keller, who has...    More

Image

Canadian, Mexican injection molders form auto supply joint venture

September 16, 2014 2:26 pm ET

A new automotive parts manufacturer will open in Querétaro, Mexico, through a joint venture between Canadian automotive supplier Papp Plastics and...    More

Image

ZF finalizes deal to buy TRW, creating another global auto supply giant

September 15, 2014 1:09 pm ET

TRW Automotive Holdings, in a supply chain megadeal that has been in the works since mid-July, said Sept. 15 it has agreed to be acquired by German...    More

Image

Germany's Lehmann & Voss buys U.S.-based Performance Compounding

September 12, 2014 11:36 am ET

German compounding firm Lehmann & Voss & Co. KG has acquired Performance Compounding LLC for an undisclosed price.    More

Image

ATS goes global with acquisition of M+W Process Automation

September 10, 2014 2:49 pm ET

ATS Automation Tooling Systems Inc., a maker of factory automation systems in Cambridge, Ontario, has agreed to buy a German company M+W Process Autom...    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events