Mold-Rite's Second New Acquisition

Posted on December 3, 2012 @ 02:36 pm

Mold-Rite Plastics has announced that it has acquired Weatherchem Corp., a manufacturer of plastic dispensing closures based in Ohio. The news comes weeks after this acquisition.

These recent acquisitions will enable Mold-Rite Plastics to expand its product line, geographic reach, and manufacturing capabilities. This deal will enable Weatherchem to add multiple manufacturing locations, as well as increase its in-house tooling capabilities.

“Our mission is to enhance our customers’ experience through superior packaging solutions delivered with unprecedented flexibility and responsiveness, and bringing Weatherchem into our family exemplifies our commitment to that goal,” said Brian Bauerbach, president and CEO, Mold-Rite Plastics. “Joining with an innovative company such as Weatherchem further adds to our high level of customer-focused value, and we are excited to be able to provide these new products and capabilities to our customers.”

Jennifer Altstadt, president, Weatherchem Corp., added: “Uniting with Mold-Rite Plastics will allow us to improve the overall value we bring to our customers through an expanded company reach and products that naturally complement one another.”