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Dickten Masch Plastics purchases Indiana manufacturer

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Back Plastic News Indian News Industry Talk Dickten Masch Plastics purchases Indiana manufacturer

Dickten Masch Plastics purchases Indiana manufacturer

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Dickten Masch Plastics announced Friday it has acquired Indiana-based Nyloncraft Inc., a technical plastics manufacturer.

Dickten Masch, a Nashotah-based thermoplastics and thermoset manufacturer with metal stamping and assembly capabilities, said the deal broadens the technical expertise of both companies and brings together the companies’ complementary products,

such as Nyloncraft’s patented vacuum boost aspirator and injection compression technology and DMP’s thermoplastic and thermoset processes, fluid level indicators and materials analysis lab services.

Nyloncraft will operate as a wholly owned subsidiary of DMP and will keep its name, organization and team at its headquarters in Mishawaka, Ind., and at its facility in Jonesville, Mich. Collectively, DMP and Nyloncraft will rank among the top 50 largest molders in the United States with combined revenue of about $175 million and more than 800 employees, according to a company press release.

DMP also operates facilities in Ankeny, Iowa, and Monterrey, Mexico.

“Together, we’ll provide customers with broader, deeper technical solutions and competitive advantages, including multidisciplinary engineering expertise, highly automated operations and a strong manufacturing footprint in the Midwest and Mexico,” said Steve Dyer, DMP president and CEO.

Source by :

http://www.bizjournals.com/milwaukee/news/2012/09/07/dickten-masch-plastics-purchases.html


 

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