by Dianna Brodine, managing editor Plastics Business In October, two Ohio companies merged to operate under one ownership umbrella as Thogus (Avon Lake, Ohio) acquired Proto Plastics (Tipp City, Ohio). Separated by nearly 200 miles, the two plastics processing entities were connected by a thread that ran through MBS Advisors and a meeting a few years ago at the Manufacturers … [Read more...] about Recent Acquisition Relied on Relationships, Fit
Business Planning
Maximizing Value and Attracting the RIGHT Acquirer for Your Business
by Jonathan Soucy, president MBS Advisors When the owner of a plastics processing company decides it is time to sell and exit the business, there generally are two overriding questions: How do I maximize the value of my business? How can I attract an acquirer that will preserve the company’s legacy AND take care of my employees and customers? Maximizing value and … [Read more...] about Maximizing Value and Attracting the RIGHT Acquirer for Your Business
Strategic Planning: Setting Your Business Up for Success
by Laurie Harbour, president and CEO Harbour Results, Inc. Like everyone, shop owners have a more-than-full plate to deal with at work. As a result, they often spend their time addressing day-to-day business challenges and neglecting the critical activity of developing long-term strategies to drive their companies’ future success. However, the mistake many leaders make is … [Read more...] about Strategic Planning: Setting Your Business Up for Success
Plastics M&A Activity Bounces Back in Q1 2019
by David Evatz, managing director, Stout In the first quarter of 2019, 123 plastics industry M&A transactions took place, a 28% increase year over year (YOY). The number of transactions during the quarter was also the second-highest quarterly total over the past seven years. Industrial plastics led the charge during the quarter with a 49% increase YOY, while automotive and … [Read more...] about Plastics M&A Activity Bounces Back in Q1 2019
Four Ways Plastics Providers Combine KPIs to Accelerate Growth
by Louis Columbus, principal IQMS The fastest-growing plastics processors and manufacturers excel at combining efficiency and production-based key performance indicators (KPIs) to gain in-depth insights and capitalize on them more quickly than their competitors. Central to these companies growing 10% a year or faster is their ability to combine analytics, business … [Read more...] about Four Ways Plastics Providers Combine KPIs to Accelerate Growth