Plastic Molding Technology Acquired by Tide Rock

Tide Rock Holdings, San Diego, California, recently acquired Plastic Molding Technology (PMT), El Paso, Texas. PMT joins Pikes Peak Plastics and Altratek to form a new plastics injection molding company that serves the industrial, energy, electronics, telecommunications, medical and automotive industries.

Tide Rock’s growing plastics manufacturing portfolio includes Interconnect Solutions Company, Plastics Design and Manufacturing, Pikes Peak, Altratek and PMT, and will be led by Michael Engler, group CEO. The acquisition of PMT allows Tide Rock to expand its company within the injection molding sector, Engler said.

PMT is an ISO 9001-, ISO 14001- and IATF 16949-certified manufacturer of precision-engineered, injection-molded plastic components and provides single-source molding from initial customer design through high-volume production. The company has nearly 50 years of experience serving an array of markets, including electrical, telecommunications, medical device and automotive. Charles A. Sholtis, former owner and CEO of PMT, will remain as an advisor to the company.

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