The company used a general purpose moldmaker focused on higher-cavitation packaging and automotive molds.  Declines in the automotive market significantly impacted sales and profitability. We made a synergy plan to shift this impact:

Work with plant leadership to reduce lead times and embrace lower-cavitation mold-making
Created marketing campaign and accepted some lower margin opportunities to introduce moldmaker to several new medical customers
Market specialty MUD frame system as a superior prototyping solution

Which led to:

• $1.3M TTM EBITDA Improvement​
• $3M Run-rate EBIDTA improvement​
• 40% EBITDA margin on $10M in new molding from 2021 program​
• $5M Support
• Dependable Relationships Yield Dependable Molding

Execution is one of the most critical aspects in the plastics industry – it is the basis of customer satisfaction, and the final signature for the manufacturer’s brand. While due diligence is a part of everything we do, finding the best fit for any mold is a priority, in terms of process alignment, talent and manufacturing fit, and matching specialization needs. Here’s one story of how we mold the perfect relationships for our clients.