RESTECH PLASTIC MOLDING ANNOUNCES MERGER OF ITS TWO CONNECTICUT DIVISIONS

| July 12, 2014

Expands Manufacturing Platform Opening State-of-the-Art Facility in Berlin, CT

HUDSON, MA – July 9, 2014 – ResTech Plastic Molding, LLC. (RPM) announces the merger of its two Connecticut-based divisions: Northeast Mold & Plastics of Glastonbury, CT and Tech Atlantic of Berlin, CT. These key changes to its organizational structure in the U.S. are designed to strengthen corporate support for its family of brands and provide an industry-leading manufacturing platform to accelerate their growth.

“The new manufacturing facility reaffirms ResTech Plastic Molding’s commitment toward investing in the U.S. manufacturing economy as well as its commitment towards assisting our customers to re-shore back to the U.S.,” said ResTech Plastic Molding CEO, George E. Danis. “The merger is expected to accomplish three objectives: strengthen our design, engineering and technology synergies; advance the performance of material sciences to deliver a wider range of plastic material solutions for a multitude of product applications; and, increase production space and gain capacity.”

RPM’s manufacturing strategy to build an industry-leading manufacturing platform is from direct investments in acquiring Tech Atlantic in April 2013 and Northeast Mold & Plastics in 2014. This will be supported by a company-wide $2M investment in Industrial Automation through 2016 to improve employee, equipment, plant operations and environmental capabilities and safety.

Combining divisions significantly expands not only on the physical building size of the 68,000 square feet but also assembly service, automation and more manufacturing capabilities. The facility is ISO 9001-2008 Certified, UL listed and increases production capacity to 33 presses ranging from 24 to 500 tons including (4) 2-shot, 2-color, 2-component machines ranging from 88 to 220 tons.

The company expects its vertical market focus to expand plastic injection molding across multiple industries to help drive the future of today’s historic shift from metals to aluminum to more durable plastics. Opening the door to safer, more reliable and efficient products that meet environmental sustainability. Searching for an injection molder is virtually endless, but with globalization and outsourcing, the current climate is even more challenging. The solution: OEMs can now find one manufacturing platform that fits their organic growth, multi-industry criteria and long-term goals.

“Both leadership teams of ResTech Plastic Molding and Northeast Mold & Plastics view the merger as a stage for extensive growth,” said Ron Bodeau, General Manager of Connecticut Operations.” “Our first priority is to accelerate growth with our new capability and to continue its upward trajectory.” As part of this merger the business based at the Berlin location will now operate under the Northeast Mold & Plastics, LLC. name.

Editors Note
Visit RPM’s websites at http://www.restechplastics.com/ and http://www.nemold.com/ and http://www.elecmechtech.com/. Follow us and subscribe on LinkedIn and Facebook.

About Northeast Mold & Plastics, LLC.
Since 1983, Northeast Mold & Plastics, a division of ResTech Plastics, LLC., has provided complete mold design, mold construction, injection molding and value-added services to customers in industries as diverse as telecommunications, electronics, instrumentation, printing, automotive, water purification and medical components.

About ResTech Plastic Molding, LLC.
For more than 45 years, ResTech Plastic Molding, LLC., has been a leading Northeastern United States injection molder and a single source manufacturing company for molded plastic components, plastic design and assemblies to OEMs and emerging high-tech companies. From design to market, customers and vendors turn to the company to help them develop advanced plastic molding solutions, state-of-the-art technology and sustainable progress.

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