Last week we took a peek behind the data on our Top 100 North American injection molders. This week Plastics News published data on an additional 480, for a total of 583 molders.
The companies in our rankings have a 2016 fiscal year combined sales of $36.5 billion. up 2.5 percent over the previous year's results. Even better news is that for those firms that submitted surveys, 47 percent increased in sales with, on average, 18 percent growth.
This year's ranking has more companies listed, up 2.5 percent.
More plants, up 3.8 percent.
More presses, up 2.6 percent.
These companies are new to the 2017 ranking:
Adco Plastics Corp. of Marietta, Ga. a full-service molder.
Atlantis Industries Corp. of Milton, Del., a contract molder.
California Heartbeat Licensing Co. of Concord, Calif.
Molded Rubber & Plastics Corp. of Butler, Wis., a medical molder.
Nazareth Industrial Corp. of Nazareth, Pa.
Plastic Concepts & Design Inc. of Jacksonville, Fla., a custom molder.
Plastics Northwest Inc. of Vancouver, Wash., a custom design and manufacturing company.
Polymer Contours Inc. of Allentown, Pa., a full-service molder.
Rogan Corp. of Northbrook, Ill., a custom and contract molder.
Vico Plastics Inc. of Edgerton, Wis., a custom molder.
These firms moved up the most in this year's ranking:
Markdom Plastic Products Ltd. of Toronto moved up 22 spaces to rank at No. 162.
Brentwood Industries Inc. of Reading, Pa., moved up 22 spaces to rank at No. 267.
Norco Plastics Inc. of Chino, Calif., moved up 22 spaces to rank at No. 256.
Precimold Inc. of Candiac, Quebec, moved up 22 spaces to rank at number 332.
Rodon Group of Hatfield, Pa., moved up 22 spaces to rank at No. 162.
Built Rite Tool & Die Inc. of Lancaster, Mass., moved up 22 spaces to rank at No. 286.
Charloma Inc. of Cherryvale, Kan., moved up 22 spaces to rank at No. 308.
Prism Plastics Inc. of Port Huron, Mich., moved up 22 spaces to rank at No. 115.
MMI Engineered Solutions Inc. of Saline, Mich., moved up 22 spaces to rank at No. 153.
Engineered Plastics Co. LLC of Menomonee Falls, Wis., moved up 22 spaces to rank at No. 153.
Dynamic Group of Ramsey, Minn., moved up 22 spaces to rank at No. 368.
Ever wonder how Plastics News develops its estimates for these rankings? It all comes down to research and lots of it. We consider public and court filings. Many industry leaders include valuable insights in their annual reports.
Plastics News tracks resin pricing and cost pass through trends. We cover the business climate, new technologies and equipment purchase trends. That coverage includes many insights into end markets and our reporters are a valuable resource for the beats they cover. We use our archives and search local news for information about what's been happening.
We look at each company's web site for news and updates. The firms that submit surveys for the rankings are looked at for unique trends and comparable results.
Property listings and telephone directories can be helpful as well as social media and blogs.
Our goal is the bring our readers an idea of the size of the industry, it's one of the most asked questions. So, the next time you see that little yellow survey form from Plastics News in your mailbox or you see an update request in your inbox, please consider responding.
Any information would prove useful to the processors, suppliers, machinery makers, business consultants, financial institutions and decision makers that look to Plastics News to answer that elusive question: How big is the injection molding market and how many companies are involved?
Want more information? Visit our ranking online at www.plasticsnews.com/rankings/injection-molders. Be sure you are registered and logged in to view the top 100 firms this week and the full listing next week.
You can purchase this and other rankings in our data store at www.plasticsnews.com/data
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 for this peek at the data behind the 2017 ranking!
Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Plastics News would love to hear from you. Email your letter to Editor at [email protected]