Diversified Plastics Founder Retires
James R. Dow, founder and president of Minneapolis, Minnesota-based Diversified Plastics, Inc., has retired after 40 years of leading the company. Succeeded by Kevin G. Hogan in August 2017, Dow will continue to serve as chairman of the board for Diversified Plastics, an award-winning custom plastic-injection molder of high-precision thermoplastic components.
“As a result of Jim’s exceptional leadership, the company has a firm foundation,” Hogan said. “From this position of strength, Diversified Plastics is advancing with a growth initiative for continued success and prosperity.”
The company was founded in 1977 with 13 employees and three machines in a 2,500-square-foot facility. Diversified Plastics now operates from a 52,000-square-foot facility with more than 75 employees. In 2011, the company was sold to the employees through an employee stock ownership plan.
For more information, visit www.divplast.com.