Overview
Mold-Rite Plastics is a manufacturer of innovative, high-quality plastic caps, child-resistant and dispensing closures, and jars used every day by millions of consumers around the world. The company provides its comprehensive product offering to a diverse customer base across the pharmaceutical, nutrition, personal care, specialty food & beverage, and consumer packaged goods markets. Mold-Rite operates three manufacturing facilities in New York, New Jersey, and Ohio.
Key Value Creation Initiatives
Accelerated growth by broadening the product portfolio
Developed new end markets and customer relationships
Grew professional sales organization from one salesperson to 14
Substantial investments in capacity and process improvement initiatives
Completed two highly complementary add-on acquisitions