Tide Rock Holdings Acquires Pikes Peak Plastics
The California headquartered strategic holding company acquired the Colorado Springs based injection molder, adding to its growing plastics portfolio.
Tide Rock Holdings LLC (Cardiff by the Sea, Calif.) has acquired Pikes Peak Plastics (Colorado Springs, Colo.), making the custom injection molder its seventh portfolio company and third Colorado based plastics firm, joining molder/moldmaker Altratek Plastics Inc. (Longmont, Colo.) and heavy-gauge thermoformer Plastics Design & Manufacturing (PDM; Centennial, Colo.) Tide Rock’s other plastics related portfolio company is Interconnect Solutions Co. (ISC; Fountain Valley, Calif.), a manufacturer of overmolded cable assemblies and molded strain reliefs, as well as encapsulated PCBs and circuits.
Pikes Peak is a full-service ISO 9001: 2015 certified plastic injection molding and component manufacturing company, founded in 1994 and serving the industrial, electronics, aerospace, medical, consumer and recreation industries. Plastics industry veteran, Michael Engler, CEO of ISC and PDM, will lead Pikes Peak Plastics alongside Hal Alameddine, president and former owner of the company.
Five years ago, Pikes Peak consolidated two leased facilities into a single renovated building in Colorado Springs that it owns. That 28,000-ft2 operation gave it 40% more space and the room to add seven new injection molding machines, ranging in clamp force from 33 to 310 tons.
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