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Moll Industries Purchases Creative Plastic Molders


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DALLAS, TX —June 07, 2004--Moll Industries, Inc., a custom plastics injection molder and manufacturer in business since 1945, announced recently they have purchased the assets of Creative Plastic Molders, Inc. (CPM) in Lexington, North Carolina. Moll’s strategy for the buy is to dedicate the company’s Seagrove, North Carolina facility solely to medical production and assemblies. By moving production functions for appliance and consumer products to the nearby locale, Moll achieves enhanced operations for all its core market segments.

Moll anticipates a continuation of “business-as-usual” for existing CPM customers and suppliers, but notes the company is under no obligations and cannot be held liable for any prior CPM commitments. Bill Collins, Operations Manager for both Moll North Carolina operations stated, “we are committed to a seamless transition of business for the Lexington facility.” He also confirmed Moll’s plans to hire many ex-CPM staff, and to aggressively pursue continued growth within all market segments.


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