Poly-Cast Announces Joint Venture in China

 

October 26, 2011: Portland, OR

Poly-Cast, Inc. (U.S.-OR), Falcon Plastics, Inc. (U.S.-SD) and Viking Plastics (U.S.-PA), have partnered to co-own and operate Poly-Cast Plastics (Suzhou) Co., Ltd., an injection molding company based in Jiang Su, China. The facility, equipped with state-of-the-art production capabilities and closed-loop process controls, currently supplies the automotive, transportation, and medical markets with tight tolerance, custom-molded components. The new partnership enables each party to better serve existing multinational customers and expand their reach into Asian markets.

Dan Leedom, President of Poly-Cast, Inc., indicated “our partnership with Viking Plastics and Falcon Plastics, Inc. is win/win for us and our global customers who are launching products from both the U.S. and China. Our three companies provide support to different geographical locations and market segments in the U.S.. Merging our capabilities under one roof in China will allow us to grow the operation with a more aggressive, diversified approach. We have established an international engineering team focused on design solutions for process capability and optimizations; and our aim is to serve the increasingly sophisticated, engineering-focused marketplace that is emerging in China.” 

Jay Bender, President of Falcon Plastics, Inc., said “We are excited about the possibilities this creates for us to better serve our customers. Poly-Cast Suzhou brings together three strong U.S. based custom injection molding companies, with unique strengths and capabilities to help find solutions to our customer’s needs.”

Kelly Goodsell CEO of Viking Plastics, the third partner in the venture, added, “Core to our partnership arrangement in China is our team-oriented, Advanced Quality Planning Process, equipping our engineering teams to work together to design, develop and launch products to customers’ specific expectations. We anticipate our combined capabilities and engineering-solution expertise will be of special benefit to our multinational customers.”

The new venture, Poly-Cast (Suzhou) Co., Ltd., maintains ISO/TS 16949 and ISO 14001 certifications. The plant is currently in operation and running production volumes and is planned to hold 15 injection molding machines with capacities ranging from 55 to 550 tons. Currently, the company is producing high tolerance, mechanical/under-the-hood applications (in medium to high volumes) for the automotive, transportation and medical sectors.

Jeff Leedom, General Manager, Poly-Cast Plastics (Suzhou) said “I have seen our Suzhou company take great strides forward in previous partnerships (Poly-Cast and Viking Plastics). It allows us to draw on an even deeper pool of engineering/technical resources and markets/product mix; ultimately diversifying and strengthening our business. I am personally excited Falcon Plastics will be joining our partnership understanding their capabilities and what they will contribute to the growth and success of the Suzhou organization.”

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About Poly-Cast, Inc. (U.S. Operations)

Founded in 1972, Poly-Cast, Inc. (www.poly-cast.com), is an injection molder specializing in highly engineered and custom injection molded components for the transportation, medical, electronics and consumer/industrial markets. The company maintains a 60,000 –square-foot, ISO 9001:2008 certified facility based in Tigard, OR. Poly-Cast produces custom:

About Viking Plastics (U.S. Operations)

Viking Plastics (www.vikingplastics.com), a VPI Acquisition Corporation company, was founded in 1972 and primarily serves the automotive /transportation, industrial and commercial/residential climate control (HVAC) markets. Awarded the Delphi’s Corporations “Pinnacle” Supplier Excellence awards in 2007 and 2008, Viking is dedicated to quality and maintains ISO/TS 16949 and IS 14001 certifications at its 65,000-square-foot facility based in Corry, PA. 

About Falcon Plastics, Inc. (U.S. Operations)

Founded in 1975, Falcon Plastics, Inc. (www.falconplastics.com) is a custom injection molder, blow molder, and thermoformer specializing in highly engineered solutions for the medical, electronics, construction, industrial equipment, business machine, and automotive markets. The company maintains a 64,000 –square-foot ISO 9001:2008 certified facility in Brookings, SD; a 40,000 –square-foot ISO 9001:2008 certified facility in Madison, SD; a 50,000 –square-foot ISO 9001:2008 certified facility in Lexington, TN; and a 30,000 –square-foot facility in Brookings, SD housing its corporate headquarters and Premier Source, a division of Falcon Plastics, Inc. specializing in short run/low volume injection molding, thermoforming, prototyping, precision machining and mold making and automation integration.

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China Contact:

Poly-Cast Plastics (Suzhou), Jeff Leedom at  jeff.leedom@poly-cast.com +86-18626.115434 

U.S Contacts:

Poly-Cast: Dan Leedom at Dan@Poly-Cast.com; 503-620-9850

Viking Plastics: Tom Valentine: tvalentine@vikingplastics.com; (814) 664-8671 ext. 173

Falcon Plastics, Inc:  Paul Heer (605) 696-2500