Dickten Masch Plastics (DMP) has acquired United Plastics Group's (UPG) Monterrey, Mexico manufacturing facility. DMP (Nashota, WI) will call the operation, which has a 105,000-sq-ft facility, DMP Monterrey, S. de R.L. de D.V. In a release, DMP said the acquisition from UPG (Oak Brook, IL) will enable it to support regional manufacturing operations that are "vital to the success of many of its customers" while expanding the company's reach into "key growth markets." UPG Monterrey is a ISO9002 registered facility with 40 injection molding machines ranging from 50 to 500 tons. The site also offers tool repair/maintenance, assembly operations, and program management.
Steve Dyer, DMP President and CEO, said it will be business as usual for its newest plant, with DMP to maintain existing customers, employees, equipment, and processes. "Except for the letterhead, we aren't planning any initial changes," Dyer said.
DMP said it had been seeking to expand into the region, with the UPG facility mirroring its own operations model. Company officials also said the planned thermoplastics and thermoset molding at DMP Monterrey will complement the advanced tooling, materials lab expertise, and specialized production capabilities of its U.S. operations in Nashotah, WI and Ankeny, IA....