Party City may be best known as the retailer that has all of your Halloween decorations and last-minute celebration supplies, but it is also a thermoformer and extruder that molds its own cups, plates, plastic utensils and other items in-house.
I'll admit I had no idea it was a molder until Plastics News correspondent Jeannie Reall wrote about its plan to sell excess equipment from a Rumsford, R.I., plant.
Parent company Party City Holdco Inc. oversees the 800 retail outlets as well as two dozen subsidiaries, including manufacturing business Am-Source LLC. The downsizing is part of a restructuring from Party City Holdco following its 2023 Chapter 11 reorganization. It emerged from bankruptcy in October 2023.