Two northeast Ohio plastic manufacturers are merging to form a company that will supply moldings to a variety of industries.
Enjex USA Inc. of Twinsburg and TRC Manufacturing Inc. of Middlefield have combined to form Global Plastic Technologies Inc. The new company, which gets its official start April 18, will be based in Middlefield, said TRC President Terry L. Ross.
``We're getting the advantage of some very key, talented people coming over from Enjex that will enhance what we have in-house,'' Ross said.
The new firm will supply parts for the floor care, automotive, recreational and other markets.
Daryl Wene, president of Enjex, a custom injection molder that was founded in 1994, was out of the office and was not available for comment.
In addition to its own injection molding operation, TRC, founded in 1947, has other manufacturing capabilities. Those capabilities include making staple-set brushes used in the janitorial, household cleaning and medical industries.
Global Plastic will employ about 80, Ross said. The company expects to make some new hires, as it is possible that some workers from the Enjex plant in Twinsburg will not want to make the 40-minute drive to the 45,000-square-foot plant in Middlefield, where work is being consolidated, he said.
Global Plastic will be based in Middlefield because that site still has room for physical growth. The Middlefield plant can add up to a total of 150,000 square feet, while the Twinsburg plant, which Enjex leased, is out of room when it comes to expansion, Ross said.
There are no layoffs associated with the merger, he said.
Ross described the deal as a merger of equals, and not an acquisition by TRC. Financial terms of the transaction were not disclosed. Ross and Wene will each be managing directors of Global Plastic.
The company wants to add between 10,000 and 15,000 square feet onto the Middlefield plant by the end of the year, Ross said.
He declined to reveal specific sales numbers for the new company.
