Exothermic Molding Inc. Acquires Ewing Mold and Die
Exothermic Molding, Inc, located at 50 Lafayette Place, Kenilworth, NJ, has completed its acquisition of family-owned Ewing Mold and Die, located at 20 Industry Court, Trenton, NJ. Exothermic Molding is a leading manufacturer of custom plastic parts using reaction injection molding technology. This acquisition gives Exothermic Molding the ability to provide lower cost molds to customers, with shorter lead times.
Kenilworth, NJ (PRWEB) August 1, 2005 --- Exothermic Molding, Inc, has completed its acquisition of Ewing Mold and Die. Exothermic Molding, located at 50 Lafayette Place, Kenilworth, NJ, reached an agreement in December 2004 to purchase family-owned Ewing Mold, located at 20 Industry Court, Trenton, NJ.
Founded in 1961, Ewing Mold specialized in supplying 3-D contoured metal molds to the plastic injection molding market. Although Exothermic Molding has traditionally manufactured their molds in-house, Ewing Mold had been their number one outside supplier for reaction injection molds since 1987.
This acquisition gives us the ability to provide lower cost molds to our customers, with shorter lead times," says Exothermic president Paul Steck. Weve gained not only Ewing Molds state of the art software and machinery, but also their personnel and expertise."
As part of the acquisition, Ewing Mold has moved their personnel and equipment into Exothermic Moldings Kenilworth facility. To accommodate this new addition, Exothermic Molding has made numerous facility improvements, including a new Design and Engineering department.
Exothermic Molding Inc. is a leading manufacturer of custom plastic parts using reaction injection molding technology. Located in Kenilworth, NJ, Exothermic Molding Inc. can turn the most complex CAD drawings into finished parts quickly and cost effectively, thanks to its on-site machine shop, seven mold presses, and painting and silk-screening facilities. Their website address is http://www.exothermic.com.
Contact:
Paul K. Steck
908-272-2299
paul@exothermic.com
###
|