NOVEMBER 15, 2010 PRESS RELEASE
Permian Plastics, Inc of O’Fallon, MO and SFH Company LLC of Downers Grove, IL have announced the formation of Permian Plastics, LLC, a new business partnership that will link the two groups in a strategy to grow and expand the size and capabilities of Permian’s plastic injection molding and assembly operations in O’Fallon.
“The focus of SFH is to grow its injection molding businesses and pursue partnerships and acquisitions that add unique skills and market positions. Permian Plastics represents a solid strategic addition to our group” said an SFH spokesperson. “Permian Plastics brings strengths in highly automated plastic injection molding, plastic materials technology, full range product design and a cost efficient central Midwest location”. Permian Plastics will be joining Magenta LLC, SFH Company’s existing plastic molding affiliate in Chicago, Illinois. Magenta is a recognized leader in the design and production of injection molded packaging components.
Dale Emge, the founder and President of Permian Plastics, Inc. since 1994, will maintain an ownership position and continue as President of Permian Plastics, LLC. All employees of Permian Plastics will continue with the new Company. Said Emge, “Our focus will be to combine Permian Plastics’ successful growth model with the technical, marketing and financial strengths of our new partners and accelerate our profitable growth and continued expansion. We see this as an opportunity to serve our customers even better with world class plastics technology, production skills and customer service”.
11/15/10