Atlanta-based Pexco has bought Scandia Plastics Inc. of Plaistow, N.H., for an undisclosed price. Scandia employs about 50 and operates 12 production lines at a 62,000-square-foot plant. The firm specializes in high-performance plastic extrusions and downstream value-added machining.
In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.
Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.