For the sixth consecutive year, Plastic Components, Inc. has been named as one of Plastics News’ Best Places to Work 2019. The program was created by Plastics News and Best Companies Group, an independent research firm that specializes in identifying great places to work, conducts the surveys, analyzes the data and manages the process, while Plastics News publishes the winners.
Category: News
MPE Partners and Plastic Components, Inc. Announce Acquisition of Syracuse Plastics of North Carolina, Inc.
MPE Partners (“MPE” or “Morgenthaler Private Equity”) of Cleveland, OH and Boston, MA, along with portfolio company Plastic Components, Inc. (“PCI”) of Germantown, WI, today announced the acquisition of Syracuse Plastics of North Carolina, Inc. (“SPNC” or “the Company”), a regional manufacturer of engineered and high precision injection molded components for applications in the industrial, water and pool products, telecommunications, power products, food processing, and other end markets.
Plastics News Feature: Plastic Components Enters M&A Game with First Acquisition
Plastic Components, Inc.’s CEO, Derrill Rice, talked with Audrey LaForest of Plastics News about the company’s recent acquisition of Syracuse Plastics of North Carolina Inc. – a regional manufacturer of engineered and high precision injection molded components for applications in the industrial, water and pool products, telecommunications, power products, food processing, and other end markets.
Plastics News Talks with Derrill Rice on Best Places To Work Recognition
Over the years, the focus on employee engagement, development, and recognition has only grown at Plastic Components, Inc. So much that the company has been recognized for six years in a row as a Plastics News Best Places to Work award recipient. In 2019, PCI has once again received this distinguished recognition and our focus remains on continued growth, excellent engineered solutions, and building a working environment where people are challenged and rewarded.
PCI Secures New Location for Central Distribution
In early June 2019, PCI secured a 46,800 square foot space that will act as the central distribution location for the company. Located within close proximity to PCI’s 40,000 square foot Germantown, WI-based Morse Drive facility and 38,000 square foot lights-out Bunsen Drive facility, the new central distribution location will improve material and finished goods organization allowing room for future growth. As such, the warehouse will open up an extra 12,000 square feet of floor space in the lights-out Bunsen Drive facility for additional manufacturing cells.
PCI Recognized with 2019 MAPP Innovation Award
Future success for many injection molders is dependant on the company’s ability to find efficiencies and innovative ways to improve business processes. Even small improvements can add up to big increases in productivity. Each year, the Manufacturers Association for Plastics Processors (MAPP) celebrates the innovative practices of a select handful of companies that touch on all areas of plastics manufacturing.
PCI Supports Milwaukee River Keeper’s Adopt-a-River Program
Milwaukee Riverkeeper® is an organization dedicated to protecting, improving, and advocating for water quality, riparian wildlife habitat, and sound land management in the Milwaukee, Menomonee, and Kinnickinnic River Watersheds.
PCI Focuses on Culture through Ownership, Leadership Transitions
“Company culture is a key factor in determining success potential across so many aspects of a business. And, a shared company culture – or the lack thereof – will influence everything from customer satisfaction to employee engagement.” – Derrill Rice, President & CEO, Plastic Components, Inc.
SPNC Donates Equipment to Local K-12 Academies
True Light Shines Academy is a K-12 school that integrates spirituality throughout their core subjects and aims to enrich the overall academic process and experience through direct family involvement in the learning process.
PCI Named a Plastics News’ Best Places to Work 2020
For the seventh consecutive year, Plastic Components, Inc. has been named as one of Plastics News’ Best Places to Work 2020. The program was created by Plastics News and Best Companies Group, an independent research firm that specializes in identifying great places to work, conducts the surveys, analyzes the data and manages the process, while Plastics News publishes the winners.