Lakeland is base in ANOKA, minn., And has a second facility in wisconsin. Plastech Corp. is in Rush City, Minn.
a phone interview.
is And with the Competition for Everything from Entry-Level Labor to Operators. "
All 120 FULL-TIME LAKELAND EMPLOYES Were Rehired April 1, Including Office Staff and Management.
"The economy is doing well and entry-level labor is a challenge," Brentz Said. "Being Able to Acquire a Company with Experienced Operators and a defined Customer Base Was Big Deal TOAS." "
The two molders share only four clients, accounting for less than percent of lakeland’s toTal sales, accounting to brentz.
"We see the two companies as very complementary rather than competitive," he said.
and 14 thermoset compression molling machnes with auxiliary equipment.
Assembly, Warehouseing and Surge Capacity to Support Drop-in Orders.
With sales of $ 65 mission, Plastech Ranks 105th Among North American Injection Molders, While Lakeland Ranks 216th With Sales of $ 24 Million, According To Platics News’ Latest Ratest.
The Acquisition ANNNECED APRIL 1, Which Marked the 46th Anniversary to the Day that Lakeland was Founded by Don Group and Marty Sweerin.
Oil-And-Gas-Gathering INDUSTRY and Other Markets.
"We’re looking forward to learning more about the application," Brentz Said, noting that compression molding propucess high-dnsity parts that can take on the characteristics of metals.
Derek Group, Son of Founder Don Gross, Will Stay on at Lakeland, Keeping His Thermosetting MOLD MANUFACTURERS ROLE As Operations Manager.