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June 13, 2016 02:00 AM

Who are the big winners in the North American injection molding sector?

Don Loepp
Editor
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    Jessica Jordan

    Mid-sized firms, medical molders and custom/contract molders were the big winners in 2015. Let's take a closer look at the numbers behind the Plastics News ranking of the Top 100 North American injection molders.

    Today Plastics News publishes the annual ranking of the top 100 North American injection molders. We have a new name at the top: Grupo Antolin North America Inc., which makes parts for automotive cockpits and consoles.  Grupo Antolin-Irausa SA acquired Magna International Inc.'s interiors business and expanded into Louisville, Ky., putting them in the No. 1 spot.

    In other Top 10 news: Automotive supplier SRG Global Inc. has moved into its new headquarters in Troy, Mich. and Newell Brands Inc., which now includes Jarden Corp., plans to relocate its headquarters to Hoboken, N.J.  U.S. Farathane Corp. moves up to No. 8 with its January acquisition of Tepso Plastics Mex SA de CV.  Next year could see Plastic Omnium Auto Exteriors LLC hop into the top 10 with its recent agreement to acquire the automotive exteriors business from Faurecia SA.

    Six of the Top 10 have been there for the last five years, and four have been for the last 15 years.

    Let's take a peek at some more of the data behind the ranking:

    This year, $66 million was the cutoff for making the top 100, up just 1.5 percent from last year.

    The total North American injection molding sales figure for fiscal year 2015, for the top 100, was $27.9 billion, that's up 5.4 percent, driven mostly by those firms larger than $100 million in sales.

    If you are growing, you are growing well: For those companies that reported growth, the average increase was 17 percent. We expected to see sales suffer because of lower resin pricing, however only 1.2 percent of the top 100 reported a decline in sales.

    Jessica Jordan

    Welcome to the Top 100:

    Dinesol Plastics Inc. of Niles, Ohio.

    Quantum Plastics LLC of Elgin, Ill.

    Reiss Manufacturing Inc. of Blackstone, Va.

    Lakeside Plastics Ltd. of Oldcastle, Ontario.

    Commercial Plastics Co. of Mundelein, Ill.

    Adkev Inc. of Goodland, Ind.

    F&M Tool and Plastics Inc. of Leominster, Mass.

    The biggest Top 100 movers this year were:

    Quantum Plastics LLC of Elgin, Ill., moving up 107 positions to rank at No. 64.

    F&M Tool and Plastics Inc. of Leominster, Mass., moving up 23 positions to rank at No. 86.

    Leon Automotive Inc. of Grand Rapids, Mich., moving up 20 positions to rank at No. 47.

    EG-Gilero of Columbus, Ohio, moving up 16 positions to rank at No. 34.

    Dinesol Plastics Inc. of Niles, Ohio, moving up 16 positions to rank at No. 93.

    Adkev Inc. of Goodland, Ind. moving up 16 positions to rank at No. 93.

    Jessica Jordan

    Want more information? Visit our top 100 ranking online at http://www.plasticsnews.com/rankings/injection-molders. And watch next week's issue for the rest of this year's injection molders' ranking.

    If you work for a company that is missing from the ranking, we would like to include you next time. Just send a note to Hollee Keller at [email protected] or mail your information to Plastics News, P.O. Box 790, Tallmadge, Ohio 44278.

    Thanks to Hollee Keller for today's peek behind the data and the research on this year's project.

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