Gladewater, TX – March 2016 – Quantum Plastics LLC of Elgin, IL has acquired 3D Plastics, Inc. of Gladewater, TX.
3D Plastics is a custom injection molder and blow molder that currently manufactures seat belt parts, firearm ammunition components and other plastic parts for the automotive and food/beverage industries. It has a committed management team and a solid reputation for manufacturing high quality parts. 3D’s Texas location was a key attraction and will allow Quantum to expand its North American Footprint.
Quantum Plastics was created in 2014 to acquire, operate and integrate custom molding companies. Its portfolio includes Master Molded Products, River Bend Industries, Hospitec USA, Kosmo Coolers, Apollo Plastics and Transfer Solutions. Quantum Plastics CEO Morris Rowlett had this to say: “With this acquisition, Quantum Plastics is demonstrating its commitment to growth and diversifying its portfolio of industries and capabilities. The talented team at 3D Plastics are a welcomed asset and resource and we look forward to expanding our scope and programs together.”
Molding Business Services served as the advisor to 3D Plastics in connection with the March 2016 sale to Quantum Plastics.
To see the official press release from Quantum Plastics, click here.
To read the article published in Plastics News, click here.