Here are some deals that Molding Business Solutions has helped make happen:
* Florence-based MBS advised owners John and Sally Weaver as they sold their custom injection molder, Octex Corp. in Sarasota, Fla., last fall. The buyer, Jim Westman, is a Sarasota native who relocated to the area after 20 years as an investment banker in Atlanta.
Octex employs 55 people and runs 15 injection molding machines, in clamping forces from 35-400 tons. Westman said Octex recently ordered a 16th press. Markets include consumer products, marine and health care.
Annual sales are about $10 million.
* MBS advised both the buyer and seller when plumbing products maker Coast Water Efficient Technology LLC bought injection molding company Bengal Industries Inc. of Clearwater, Fla. Coast WET is relocating the molding machines to a new corporate headquarters set up to open later this year in Panama City Beach, Fla.
* MBS advised both parties when Sapona Plastics LLC of Asheboro, N.C., bought the thermoplastics division of Premier Molded Plastics Co. in 2008. At the time Sapona Plastics said the deal increased its annual sales from $6 million to more than $10 million.
Sapona closed the Premier plant in Leland, N.C., and relocated its 18 injection presses.
* MBS represented Stoesser Industries Inc. in 2008, when it sold custom injection molder Stoesser-Gordon Plastics in Santa Rosa, Calif., to SMC Ltd., a medical- and pharmaceutical-device maker.
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