PRISM Plastics Acquires Tech Molded Plastics
PRISM Plastics, Chesterfield Township, Massachusetts, acquired Meadville, Pennsylvania-based Tech Molded Plastics, Inc., a full-service injection molded plastics company specializing in tight tolerance precision molding and production injection molds.
Founded in 1973, Tech Molded Plastics focuses on precision injection molding to the automotive, medical, consumer, electronics and aeronautics industries. Tech Molded Plastics runs 37 injection-molding machines, with clamping forces from 33 to 440 tons. Through this acquisition, PRISM Plastics will effectively double its size in terms of sales. The move will give the organization immediate access to a proven and sophisticated team of professionals while also adding in-house mold building capabilities to the company’s service offerings. Tech Molded Plastics was named Plastics News 2013 Processor of the Year. PRISM was a finalist in 2014 while receiving the Excellence in Customer Service Award.
For more information, visit www.prismplastics.com.