Kruger Plastics Products has completed the acquisition of Northern California Injection Molding and El Dorado Molds (NCIM) for an undisclosed sum.
Established in Rancho Cordova, California, US, NCIM offers fully integrated plastic manufacturing and engineering solutions to customers in medical, industrial and heavy-duty diesel engine industries. It also offers clean room manufacturing capabilities.
Kruger has renamed the acquired entity to Springboard Manufacturing, reflecting the company’s growth and solutions-oriented approach. It has launched a new website to complement the rebranding.
Springboard CEO Doug Constable said: “This is a transformative transaction that provides Springboard with world-class tool-making capabilities and injection moulding operations and enhances our ability to service our blue-chip clients from coast-to-coast.
“NCIM has played an integral role in its customers’ manufacturing process for nearly 30 years, and their customer-centric approach and culture of operational excellence make them an ideal fit for Kruger and now Springboard.
“We are excited to partner with NCIM’s incredibly talented management teams to drive continued growth within our business.”
NCIM operates manufacturing plants in California, Michigan and North Carolina, featuring more than 100 injection moulding presses with a 40t to 1,300t production capacity. The business has around 250 employees.
Led by NCIM and El Dorado vice-president Glen Shrigley, NCIM’s executive team will continue to manage the company’s California operations.
HCPI is planning to expand the Springboard platform through various organic growth initiatives and strategic complementary add-on acquisitions.