Quantum Plastics Acquires 3D Plastics, Inc.
ELGIN, Ill., March 14, 2016 /PRNewswire/ -- Quantum Plastics, LLC announced today that it has acquired 3D Plastics, Inc. ('3D').
This acquisition reflects Quantum Plastics' ongoing focus on expanding its North American footprint while breaking into new manufacturing industries.
3D is an ISO 9001:2008 certified injection molding and blow molding facility located in Gladewater, Texas; about 1.5 hours east of Dallas. 3D's injection and blow molding machines manufacture plastic parts for the automotive, food and beverage, and firearm industries. Most notably, 3D molds seatbelt parts and firearm ammunition components. Morris Rowlett, Quantum Plastics Chief Executive Officer said, "With this acquisition, Quantum Plastics is demonstrating its commitment to growth and diversifying its portfolio of industries and capabilities. The talented team at 3D Plastics are a welcomed asset and resource and we look forward to expanding our scope and programs together."
3D President and Founder, David Frye will remain as 3D's president. Vice President of Operations, Dena Wood, will also remain heavily involved in 3D's purchasing, production and operations functions. 3D President, David Frye said, "Together with Quantum Plastics, we expect to gain a competitive advantage with Quantum Plastics' expansive team of engineers and locations while continuing to offer unparalleled capabilities and quality to current and future customers."
3D Plastics follows Quantum Plastics' acquisition of Master Molded Products in 2014; River Bend Industries, Hospitec USA and Apollo Plastics in 2015; and Transfer Solutions in 2016. With the addition of 3D Plastics, Quantum Plastics now boasts approximately 240 molding machines and over 200 years of molding experience.
About Quantum Plastics
Quantum Plastics, LLC was established in 2014 and is composed of Master Molded Products, River Bend Industries, Hospitec USA, Apollo Plastics, Transfer Solutions and 3D Plastics. Quantum Plastics operates with the objective of being a world-class plastics company centered in the idea of offering a variety of processes within multiple product segments with a growing North American footprint. The fundamental vision to be the undisputed leader in engineering and quality is the driving force behind Quantum Plastics. Visit www.quantumplastics.com to learn more.
About 3D Plastics
Headquartered in Texas, 3D Plastics is an injection and blow mold plastic manufacturer with a committed management team. Since its inception in 2001, 3D has built a solid reputation on manufacturing diverse high-quality parts with a focus on its customer service initiative. 3D offers several secondary operations and full service tooling, including design, build, repair and maintenance. For more information, visit www.3dplasticsinc.com.
SOURCE Quantum Plastics, LLC
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