LATEST ISSUE

SIG11056 Online Banner 368 150px RZ

Tags
Shows
13. - 16. April 2021
Chinaplas
Shenzhen, China
15. - 17. June 2021
Rosmould
Moscow, Russia
22. - 25. June 2021
Plast
Milan, Italy
Have some relevant information to share? Send a message to info@smart-molding.com — we are always happy to discuss!

CPS21 SmartMolding 368x90 EN GN

Plastimagen sm VM VERLAG 04

Логотип сайта
Falcon Plastics announces acquisition of Poly-Cast

Falcon Plastics announces acquisition of Poly-Cast

News 08.11.2019

Falcon Plastics has announced that, as of October 26, 2019, it has acquired Poly-Cast, Inc., headquartered in Tigard, Oregon. This acquisition will immediately align under the company’s business structure.

The acquisition enhances the Falcon Plastics custom injection molding business through extended service and product offerings with the addition of wax molding components and further reaching market share in the industrial, medical, automotive, and recreational markets. This acquisition will enhance Falcon Plastics business model as a full-service solutions provider in the custom molding sector. Following the acquisition, Falcon Plastics will operate facilities in three states — South Dakota, Tennessee, and Oregon, in addition to the Poly-Cast facility in Suzhou, China — allowing Falcon Plastics to further optimize and expand customer services and logistics.

“While considering the sale of Poly-Cast, Inc. it was important that our decision included three critical criteria for me personally,” stated Dan Leedom, Owner and CEO of Poly-Cast, Inc.
• A similar family business environment and culture
• It had to be beneficial to the growth of the organization, the employees, and the clients
• The third generation in the business, Jeff Leedom, continue participating in building the business

“I am proud to say that we were able to achieve all of this—I could not be more excited about the future of our clients, our team members, and the new direction of our organization”.

With the close of the acquisition, Dan Leedom will join Falcon Plastics as Sales Account Manager in the Northwest. Current Poly-Cast Suzhou General Manager, Jeff Leedom, will take reign as General Manager of both the Tigard, Oregon and Suzhou, China facilities. Falcon Plastics also plans to integrate the Poly-Cast team of over 60 employees directly in to its core structure. Key suppliers of both companies will continue to play a vital role in the success of our business strategy.

“I am truly excited about the opportunity this acquisition will bring to everyone we work with” stated Jay Bender, President of Falcon Plastics. “The culture and mutual values of Poly-Cast and Falcon Plastics are closely aligned. This addition will open up a whole new territory for us in the Northwestern US and bring additional capabilities and resources to our entire team”.

Our website makes use of cookies to ensure we give you the best experience on our website.
By continuing browsing on our website you give your consent to our use of cookies.