Diversified Plastics, Inc. Announces the Acquisition of Pacific Plastics Injection Molding

MINNEAPOLIS—Diversified Plastics, Inc. (DPI) has acquired the assets of Pacific Plastics Injection Molding (PPIM) in Vista, Calif. PPIM offers custom plastic-injection molding as well as design and custom mold making services to industrial, electronics, telecommunications, medical and filtration markets.

“The acquisition of PPIM provides synergy with DPI’s services and customers as well as geographic benefits and diversification into new industry segments,” says Kevin Hogan, chief executive officer for Diversified Plastics, Inc. “We are very excited about the unique capabilities, overseas tooling supplier relationship and location advantages that PPIM will add to our organization. Additionally, the company will benefit from DPI’s experienced sales team and advanced technologies and manufacturing processes, such as Carbon 3D-additive manufacturing.”

PPIM provides a single source for injection-molded plastic parts, product design and design support, in-house and offshore tooling, and value-added assembly and packaging services. ISO 9001:2015 registered, the company has 30 employees and an 18,000-square foot facility in Southern California.

“DPI has a similar culture,” says Rob Gilman, general manager of PPIM. “Our operation will continue with its full staff as PPIM, and Jae English, PPIM’s founder, will be working with DPI’s management and our team for a smooth transition. The PPIM employees are excited about the opportunity to eventually participate in the employee stock ownership plan.”

PPIM is Diversified Plastic, Inc.’s first acquisition. The PPIM purchase is part of DPI’s strategic growth initiative.

Visit www.pacificplastic.com for details on Pacific Plastics Injection Molding’s services and capabilities or call +1 760.598.5333. For more information about Diversified Plastics, Inc., visit www.divplast.com, call +1 763.424.2525 or email dpisales@divplast.com.

About Diversified Plastics, Inc.

Employee-owned Diversified Plastics, Inc. (DPI) is a custom plastic-injection molder and digital manufacturer of high-precision, close-tolerance parts and components for medical device, filtration, aerospace and a variety of other industrial markets. Founded in 1977, the company is a full-service contract manufacturer providing design for manufacturing assistance, additive manufacturing, mold construction and intricate molding as well as cleanroom assembly. In 2018, DPI joined the Carbon Production Network. DPI is ISO 9001:2015 and 13485:2003 certified, FDA registered, ITAR certified and UL registered.

About Pacific Plastics Injection Molding

Founded in 1980, Pacific Plastics Injection Molding (PPIM) produces custom injection molds and molded plastic parts to meet or exceed customer requirements, on schedule, at a competitive price. ISO 9001:2015 registered, the company has a fully integrated operation offering design, in-house and offshore tooling and production.

Diversified Plastics, Inc.

8617 Xylon Court North

Minneapolis, MN 55445

+1 763.424.2525

dpisales@divplast.com

www.divplast.com

Pacific Plastics Injection Molding

1333 Keystone Way

Vista, CA 92081

Minneapolis, MN 55445

+1 760.598.5333

www.pacificplastic.com

CONTACT:

Holly Jo Anderson

+1 952.738.8177

holly@veritasmarketing.com

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