Balda C. Brewer consolidates mold making in Oceanside, Calif.

By Roger Renstrom
Correspondent

Published: March 5, 2014 12:59 pm ET
Updated: March 5, 2014 1:05 pm ET

Related to this story

Topics Injection Molding, Injection molds, Molds/Tooling

Medical and technical molder Balda C. Brewer has consolidated its mold making in Oceanside, Calif. while continuing with mold maintenance and repair work in nearby the nearby California cities of Anaheim, Irvine and Ontario.

"We transferred some high-speed equipment from the Ontario milling center, and we transferred two persons with mold-making talent" to work under Dean Gaffney's direction in Oceanside, said CEO Chuck Brewer III.

Five individuals in Anaheim, three in Ontario and four in Irvine continue to maintain and repair molds.

The Oceanside site has 34 injection molding presses while the Anaheim-Ontario-Irvine operations have 100, up from 85 a year ago.

Publicly traded parent firm Balda AG of Bad Oeynhausen, Germany, acquired Anaheim-based C. Brewer Co. and Oceanside-based HK Plastics Engineering Inc. in December 2012 and has combined the operations as Balda C. Brewer. Chuck Brewer is responsible for expanding and developing the U.S. business.

HK Plastics built the 55,000-square-foot Oceanside molding and mold-making facility in 2006, at that time including six mold makers.

For the six months ended Dec. 31, Balda AG reported profit of 1.1 million euros ($1.5 million) on sales of 34.9 million euros ($48 million).

Balda C. Brewer, reporting as the consolidated Balda America segment, had first-half sales of 20.1 million euros ($27.7 million) with operating profit before interest, tax, depreciation and amortization of 1.2 million euros ($1.7 million).

Brewer's organization employed 501 as of Sept. 30 and reports to Oliver Oechsle, chief operating officer of Balda AG.


Comments

Balda C. Brewer consolidates mold making in Oceanside, Calif.

By Roger Renstrom
Correspondent

Published: March 5, 2014 12:59 pm ET
Updated: March 5, 2014 1:05 pm ET

Post Your Comments


Back to story


More stories

Image

Austrian mold maker seeking North American manufacturing partner

July 25, 2014 1:49 pm ET

An Austrian mold maker is looking for a manufacturing location in North America.    More

Investigation continuing into injury at Windsor mold maker

July 25, 2014 12:57 pm ET

Canadian authorities are investigating an incident in which a worker's foot got caught in a machine at Crest Mold Technology Inc. in Oldcastle,...    More

Image

Tooling Technology has new private equity owner

July 25, 2014 11:55 am ET

New York private equity firm GenNx360 Capital Partners has partnered with management to buy Tooling Technology Holdings LLC, a diversified Ohio-based ...    More

Image

Columbine Plastics moving to new Colorado site

July 25, 2014 11:38 am ET

Custom injection molder Columbine Plastics Corp. plans to move from Boulder, Colo., to the Colorado Technical Center in Louisville, Colo.    More

Image

Metals and plastics company NN to buy Autocam in $300 million deal

July 25, 2014 10:07 am ET

A Tennessee metals and plastics company said it has agreed to acquire auto parts supplier Autocam Corp. in a deal valued at $300 million.    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

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.

Learn more

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

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

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

More Events