Florence, MA – January 2018 – Molding Business Services of Florence, MA has acquired Gros Executive Recruiters of Franklin, Tennessee. Both firms provide recruiting and executive search services to the plastics industry. Molding Business Services (MBS) was founded in 1998 and during those 20 years, its recruiting division has focused almost exclusively on the injection molding… Read more »
We are pleased to announce that effective October 1, 2017, Jonathan Soucy has stepped into the role of President at MBS. We are thrilled to see Mr. Soucy in this new role, and happy to welcome former president, Terry Minnick, to the position of Chairman.
Fall is bringing changes to Molding Business Services.We are pleased to announce that effective October 1, 2017, Jonathan Soucy has stepped into the role of President at MBS. We are thrilled to see Mr. Soucy in this new role, and happy to welcome former president, Terry Minnick, to the position of Chairman. Mr. Soucy spent… Read more »
Molding Business Services is pleased to announce that it served as the exclusive sell-side advisor to ProPlas Technologies and Sajar Plastics. ProPlas was acquired by Comar, a Graham Partners portfolio company. Sajar was acquired by Universal Plastics of Holyoke, MA.
Private equity investment in the molding industry is at record highs. We have seen numerous high profile buyouts announced on the newswires in the last 2-3 years. So far in 2017, the following noteworthy companies have all been acquired or recapitalized in private equity sponsored transactions: R&D Molders, Xcentric Mold, Richardson Molding, Dutchland Plastics, Plastic… Read more »
INTRODUCTION Fueled by historically low interest rates, private equity investment in the molding industry is at record highs. We have seen numerous high profile buyouts announced on the newswires in the last 2-3 years. So far in 2017, the following noteworthy companies have all been acquired or recapitalized in private equity sponsored transactions: R&D Molders,… Read more »
Congratulations! You’ve made it over the first two hurdles – finding an opening that suits both your interests and qualifications, and securing an interview with the company. Now comes the make-it-or-break-it moment that can send even seasoned veterans into a state of nail-biting nervousness: the interview. Relax! Below are ten tips for interview success, courtesy… Read more »
Finding talented employees can be a difficult task for any business, but it can be especially challenging for plastics processors. Unemployment rates are approaching ten-year lows and, as countless articles suggest, there is an ever-widening skills gap in the workforce. In this tough hiring environment, many businesses turn to staffing and recruiting firms for help…. Read more »
Finding talented employees can be a difficult task for any business, but it can be especially challenging for plastics processors. Unemployment rates are approaching ten-year lows and, as countless articles suggest, there is an ever-widening skills gap in the workforce. In this tough hiring environment, many businesses turn to staffing and recruiting firms for help…. Read more »
According to a recent survey conducted by MAPP, 92 percent of plastics processing executives say that workforce development is the top issue for 2017. Click here to read the entire article in Plastics News.
Molding Business Services is pleased to announce that it served as the exclusive sell-side advisor to Richardson Molding Incorporated in its January 2017 sale to Owner Resource Group. Click here to learn more.
In general, having one client dominate the majority of any business presents increased risks and will lower the enterprise value. As an example, if Acme Plastics Corp. has a value of six times EBITDA, that same company with a customer concentration might sell for five times EBITDA or even less. Customer concentration reflects the… Read more »