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Tank Holding bulks up, buys Rotational Molding of Utah
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Tank Holding continues buying spree with purchase of rotomolder Spin Products
Located in Chino, Calif., Spin designs and manufactures products with a special focus on custom molded products, including for outdoor and sanitation applications. February 16, 2021 Canadian Plastics
The transaction includes the operations of the facility located in Chino, Calif.
Spin designs and manufactures products with a special focus on custom molded products, including products for outdoor and sanitation applications.
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“Spin and their valued long-term customer relationships compliments our growth strategy both in our core and adjacent markets, including expansion of our custom molding division,” Tank Holding CEO Greg Wade said in a Feb. 15 news release. “The facility will also serve to provide additional manufacturing capacity in the southwest region. The acquisition bolsters opportunities to leverage our industry knowledge and expertise to create g
The financial terms of the deal have not been disclosed.
Dura-Cast designs and manufactures proprietary products in bulk storage tanks, bulk laundry and linen carts, material handling bins and containers, refuse and recycling, as well as a variety of other products including marine and custom products.
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“Dura-Cast augments an important part of Tank Holding’s overall growth strategy, which is to strengthen our core tank business while enhancing leading positions in adjacent markets, where we can leverage our industry knowledge and expertise to create greater value for our customers,” Tank Holdings CEO Greg Wade said in a Feb. 8 press release. “It also provides additional regional capacity for the southeast markets.”
Tank Holding has acquired Florida-based rotational molder Dura-Cast Products Inc.
Tank Holding, North America’s largest rotational molder, has acquired Florida-based rotational molder Dura-Cast Products Inc.
Dura-Cast designs and manufactures proprietary products in bulk storage tanks, bulk laundry and linen carts, material handling bins and containers, refuse and recycling, as well as a variety of other products including marine and custom products.
“Dura-Cast augments an important part of Tank Holding’s overall growth strategy, which is to strengthen our core tank business while enhancing leading positions in adjacent markets, where we can leverage our industry knowledge and expertise to create greater value for our customers. It also provides additional regional capacity for the southeast markets,” said Greg Wade, CEO of Tank Holding.
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