By: Bill Bregar
February 25, 2014
WESLEY CHAPEL, FLA. — Tech Molded Plastics Inc., a custom injection molder in Meadville, Pa., has won the Plastics News Processor of the Year Award.
Plastics News presented the award at an evening reception Tuesday, Feb. 25, at its Executive Forum 2014 in Wesley Chapel.
Tech Molded Plastics won the award over other finalists — both custom injection molders — AMA Plastics Inc. of Riverside, Calif., and Protoplast Inc. of Cobourg, Ontario.
Tech Molded Plastics, owned by the Hanaway family, generated sales of $17.7 million in 2013, molding small, precision parts for the automotive, electronics and medical markets. The company employs 120 people, including 90 in the molding area and 30 toolmakers.
Tech Molded Plastics runs 32 injection molding machines, with clamping forces topping out at 440 tons.
Brothers Scott, Mark and Doug Hanaway accepted the award, as well as their mother, Eva.
Plastics News also named winners of three PN Excellence Awards during the reception in Wesley Chapel. The PN Excellence Award winners are:
DLH Industries Inc., a custom molder and extruder in Canton, Ohio, won the award for Customer Relations.
Protoplast picked up the award for Employee Relations. The Canadian molder also was one of the finalists for Processor of the Year.
20/20 Custom Molded Plastics Ltd., a structural foam molder on Holiday City, Ohio, won the award for Industry and Public Service.
The Processor of the Year Award is sponsored by the Washington-based Society of the Plastics Industry Inc.