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Meadville, PA – June 27, 2016 – Prism Plastics, Inc. of Chesterfield, MI has acquired Tech Molded Plastics of Meadville, PA. Family owned and operated in Northwestern Pennsylvania for nearly 43 years, Tech Molded Plastics makes small precision parts for automotive, aerospace and electronics end-markets. It utilizes 36 injection presses from 33 to 440 tons of… Read more »

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The current and projected growth in Mexico’s manufacturing sector has created a burning need for additional injection molding capacity. For molders or other processors looking to enter the Mexico market, there are a lot of different options. The main ones include acquisition, greenfield site, shelter provider, strategic partnership and even opening a plant on the U.S…. Read more »

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Introduction The current and projected growth in Mexico’s manufacturing sector has created a burning need for additional injection molding capacity. For molders or other processors looking to enter the Mexico market, there are a lot of different options. The main ones include acquisition, greenfield site, shelter provider, strategic partnership and even opening a plant on… Read more »

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Molding Business Services is pleased to announce three M&A transaction closings during the week of March 7th, 2016, including the company’s 75th successful sell-side engagement since 1998. The first closing, which took place on March 8th, involved the sale of LM Contract, a privately-owned Canadian entity with a precision automotive molding subsidiary in Saltillo, Mexico. This… Read more »

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We are excited to announce that, in addition to moving to a new building, we have launched an all-new website. Visit www.moldingbusiness.com to see a fresh face with new features and content. We now have have a fully functioning job board, allowing recruiting candidates to apply for jobs online, as well as, regular blog posts, testimonials and… Read more »

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Many of our clients ask us the same question: “Which works better for an injection molding company: manufacturers’ reps or salaried salespeople?” This is a GREAT question and our usual answer is: “Well, it depends…”  There are lot of factors that influence the decision, including the size of the company, the industries served, typical product… Read more »

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Molding Business Services recently completed its first M&A deal of 2016 and its 72nd transaction overall. Aucilla, Inc. of South Bend, IN was acquired by Plastic Molding Manufacturing of Hudson, MA on January 15, 2016. MBS served as financial advisor to Aucilla. “We believe this is an ideal combination for both companies.” said MBS Founder and President, Terry Minnick. The… Read more »

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Molding Business Services participated, exhibited and spoke at the MAPP conference in Indianapolis a few weeks ago. MAPP (Manufacturers Association of Plastics Processors) is a trade group consisting of privately-owned injection molding companies and other plastics processors. The annual Benchmarking Conference is an event where molding industry professionals can learn, network and share best practices…. Read more »

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Molding Business Services has outgrown its old office and moved to a new location. We didn’t move far; we are just a mile down the road. And everything is bright, shiny and new. If you are ever in the area, please make sure to stop by and check out our new digs. Our new address… Read more »

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At MBS, we hear this question from a client or potential client at least once a week. Although we are experts in all aspects of M&A, we don’t have a crystal ball. The world is too complicated (and uncertain) these days to know for sure the best time to exit. However, there are some guidelines… Read more »

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Terry Minnick & Andrew Munson, partners with MBS, gave a presentation at the Plastics News Financial Summit in Chicago in early June about “What Not to Do When Selling a Molding Company.” The presentation was very well received and recently quoted in Plastics News.   Click here to view the article:

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As managers, we intuitively know that giving and getting honest feedback is essential to grow and develop, and to build successful organizations. So why is it that many of us put off giving feedback to our employees? Maybe it’s because there are so many ways to mess it up. Here are some common feedback mistakes:… Read more »