Leland, NC – October 2008 – The deal boosts Sapona’s annual sales from $6 million to more than $10 million, Sapona said in a news release. Premier molds for telecommunications, electrical distribution, appliance and recreational markets. It complements Sapona’s extensive brush molding and its diverse proprietary and custom molding operations for personal care, consumer, construction, automotive and other markets. It is ISO 9000 certified and has an ISO 13485 medical device certification. “We are pleased that the new customers have already given our systems very high marks during on site audits approving the transition,” Sapona President Dean Lail said in a news release.
The expanded business will run all day, seven days a week. Sapona owns 18 injection presses from 55 to 720 tons and also has four brush bristling machines and two glue assembly lines. It employs about 55.
MBS assisted Sapona Plastics of Asheboro, N.C. in its acquisition of the thermoplastic division of Premier Molded Plastics Co. in Leland, N.C., in October 2008.