04 June 2004
04 June 2004
Moll Industries, a custom plastics injection moulder and manufacturer is to purchase the assets of Creative Plastic Moulders, North Carolina.
Moll’s strategy for the purchase is to dedicate the company’s Seagrove, North Carolina facility solely to medical production and assemblies. By moving production functions for appliance and consumer products to the nearby locale, Moll hopes to achieve enhanced operations for all its core market segments.
Moll anticipates a continuation of “business-as-usual” for existing CPM customers and suppliers, but notes the company is under no obligations and cannot be held liable for any prior CPM commitments. Bill Collins, Operations Manager for both Moll North Carolina operations stated, “we are committed to a seamless transition of business for the Lexington facility.” He also confirmed Moll’s plans to hire many ex-CPM staff, and to aggressively pursue continued growth within all market segments.
The Lexington facility, built in 1980, is comprised of about 110,000 square feet of production space, and complements an already robust array of plastics manufacturing capabilities and service offerings. Moll now commands more than 220 injection moulding machines ranging from 33 to 1650 tons, and controls sister operations in Ft. Smith, AR, New Braunfels, TX and La Vergne, TN and Brazil. Moll Industries, Inc. offer structural foam, multi-component moulding and in-mould fabric lamination and claims to be the largest full-service contract manufacturer of custom injection moulded components and assemblies to the appliance industry in North America.