Creative Plastics International Inc. has bought the thermoforming business of SeaGate Plastics and is moving that production from Tecumseh, Mich., to Creative's thermoforming plant in Jackson Center, Ohio.
Creative Plastics announced the deal Nov. 11. Terms were not disclosed, said Creative Plastics President Jerry Wurm.
He expects Creative Plastics to pick up about 15-20 customers by purchasing the assets, which include two thermoforming machines, tooling and auxiliary equipment. Markets served by SeaGate include medical, agricultural and components for buses.
Wurm said thermoforming was a smaller part of the overall business of SeaGate Plastics, which is based in Waterville, Ohio. SeaGate President Kevin Fink said his company will continue to operate its extrusion facilities in Ohio and Michigan. The sale only covers the thermoforming assets, he said.
In September 2009, Creative Plastics itself was acquired by Wurms Woodworking Co., a thermoforming company in New Washington, Ohio. Wurms Woodworking has kept both plants open, in New Washington and Jackson Center.
Jerry Wurm said customers of SeaGate Plastics will have an uninterrupted supply during the transition They also will get access to larger parts. SeaGate could form parts measuring up to 4 feet by 6 feet. Creative Plastics can form parts as large as 8 feet by 10 feet, he said.
Creative Plastics does pressure forming, high-volume rotary forming and roll-fed in-line forming. Creative Plastics is owned by the Wurm family, and Keith and Randy Korn, members of the Korn family that founded the thermoforming company in 1968.
