Plastic Molding Mfg. Acquires Res-Tech; Changes name to ResTech Plastic Molding (2010)
HUDSON, MA – Plastic Molding Mfg., Inc., announced today the acquisition of Res-Tech Corporation, a leader in quality plastic molding services, based in Clinton, Massachusetts. The acquisition involves all of ResTech's assets and it becomes effective immediately. The combined entity will operate as ResTech Plastic Molding.
“This is an exciting opportunity to provide our customers enhanced services and capabilities. We look forward to the talented associates at Res-Tech joining our team”, said George E. Danis, President of ResTech Plastic Molding. “This acquisition is very important to our overall business growth strategy”.
"The combined expertise of Res-Tech and PMM will allow us to better serve our medical device and healthcare customers", stated Res-Tech's former President John Schmidt.
Dick McKenney, President of Plastic Molding Mfg. spoke of the opportunities ahead. "The acquisition significantly increases PMM's manufacturing and engineering capabilities. This will expand our development and engineering services to better assist our customers in developing high quality molded products and assemblies. This is part of our overall strategy to expand manufacturing in the United States offering high quality products at competitive costs."
Res-Tech Corporation, founded in 1976, has manufacturing facilities in Clinton and Leominster, Massachusetts. The company is involved in the contract manufacturing of plastic injection molding parts for a variety of industries including: medical, industrial, defense, automotive, food services and construction. Res-Tech's reported sales were in the range of $8,000.000.
About Plastic Molding Mfg:
Plastic Molding Mfg., Inc., was first founded in 1982 and is based in Hudson, Massachusetts. The company provides plastic injection molding and engineering support to OEMs and emerging high tech companies in New England and across the United States. The acquisition significantly increases PMM's manufacturing and engineering assets. As a result, customers will experience improved capabilities in the areas of product development, engineering-design and molding manufacturing.
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