February 2022 – Pacoima, CA – Molding Corporation of America (MCA) of Pacoima, CA has been acquired by Performance Engineered Products Inc., a company owned by Dennis Savalia.
MCA is a full-service custom injection molder that provides high-quality parts, sub-assemblies, finished products, and a diversity of rapid manufacturing solutions. It was founded in 1964. The plant is 65,000 square feet and operates 27 injection molding machines. MCA serves a variety of markets including: aerospace, consumer, healthcare, automotive, electronics, and more.
This is Savalia’s 7th plastics acquisition in the last 4 years with MCA being the largest of the 7. The combined businesses employ more than 100 people.
Plastics-focused investment banking firm MBS Advisors of Florence, MA represented Molding Corporation of America in the transaction.
Excerpts from above were taken from a Plastics News Article.