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November 26, 2019

Putnam plastics manufacturer acquired

Photo | PLASTIC MOLDING MANUFACTURING Officials at Plastic Molding Manufacturing and Phillips-Moldex Co. meet in Putnam.
By Thomas Grillo

Mass.-based Plastic Molding Manufacturing has expanded its Connecticut presence with the acquisition of a plastics manufacturer in Putnam.

Hudson, Mass.-based Plastic Molding Manufacturing, which has a location on New Park Drive in Berlin, on Monday said it acquired Phillips-Moldex Co. for an undisclosed amount. The agreement did not include the facility.

Phillips-Moldex is a plastic-injection molder serving the automotive, medical, industrial and electronics industries. Founded in 1958, the company said it operates 24 hours a day, 5 days a week, with 22 injection presses, and has in-house tool building, along with automation and engineering expertise.

Plastic Molding also has plants in Lancaster, Pa., and South Bend, Ind.

Plastic Molding Manufacturing said it offers customers more than 100 injection-molding machines, and a certified cleanroom. The company said it develops sustainable and advanced plastic molding solutions.

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