Press release submitted on behalf of Intek Plastics.
Intek Plastics, a leader in engineered thermoplastic extrusions and value-added services, is pleased to announce its acquisition of Five Star Plastics, a renowned injection molding and prototyping company based in Eau Claire, Wisconsin. This partnership marks the union of two family-owned companies, both committed to innovation, quality and delivering exceptional customer value.
The acquisition strengthens Intek Plastics’ portfolio by integrating Five Star’s expertise in advanced prototyping, injection molding and manufacturing solutions. Together, the companies will offer a more comprehensive suite of services, creating exciting growth opportunities and providing greater value to customers across diverse industries. Five Star will operate as a separate division of Intek Plastics Group.
Kevin Hogan, CEO of Intek Plastics, emphasized the importance of leadership continuity at Five Star Plastics. “We are thrilled that Al Buchholz, Steve Piltz and Wayne Piltz will be continuing in their leadership roles at Five Star Plastics. Their proven expertise and deep knowledge of the business provide consistency for customers, employees and vendors. This stability is essential as we work together to deliver even greater value and innovative solutions across the industries we serve.”
What This Means for Customers
Expanded Capabilities: With Five Star Plastics now part of the Intek family, customers can benefit from a broader range of services, including design for manufacturing, custom extrusion, injection molding, assembly, prototyping, inventory management and delivery.
A Stronger Commitment to Excellence: By combining the strengths of both organizations, Intek Plastics and Five Star Plastics are positioned to deliver innovative solutions tailored to meet evolving customer needs.
Future-Focused Growth: This collaboration will unlock new opportunities for innovation and flexibility, allowing both companies to better support customers’ long-term success.
Looking Ahead
Hogan shared his enthusiasm for the partnership, stating, “The acquisition of Five Star Plastics underscores our commitment to innovation, growth and providing exceptional value to our customers. By uniting our strengths, we are better equipped to meet the dynamic needs of the industries we serve and deliver best-in-class solutions.”
Together, Intek Plastics and Five Star Plastics are shaping the future of plastic manufacturing — delivering enhanced capabilities, unmatched expertise and a steadfast dedication to customer and employee success. They have a long-term commitment to positively impacting our people, planet and communities.
About Five Star Plastics
For over 20 years, Five Star Plastics has been an industry pioneer in plastic manufacturing, specializing in speed-to-market solutions, advanced prototyping, injection molding and assembly. Serving industries such as medical devices, aerospace and consumer products, Five Star has built a reputation for superior customer service and high-quality manufacturing.
About Intek Plastics
Intek Plastics is a leading North American manufacturer delivering engineered thermoplastic extrusions, fabricated sub-assemblies and value-added services to original equipment manufacturers. Headquartered in Hastings, Minnesota, with a second facility in Medford, Wisconsin, Intek is a best-in-class partner for the largest customers in the fenestration industry. Intek also provides plastic extrusion solutions for agriculture, power and energy, data centers and lighting.
About Vermilion Group
Intek Plastics Group is owned by Vermilion Group. Vermilion is the private direct investor for the Mortenson family, owners of M. A. Mortenson Companies. Vermilion pursues investments in healthy, privately held and/or founder-owned companies, with a view to make them great.
