Tektite Industries acquires C&M Mold and Tool | Plastics News

2022-12-04 17:52:52 By : Ms. Bohai Li

Trenton, N.J. lighting manufacturer Tektite Industries Inc. has acquired the assets of Pennsylvania-based C&M Mold and Tool Co. effective Sept. 1.

The "strategic move for both companies," Scott Mele, president and owner of Tektite told Plastics News in an email, was "up and fully running" by Nov. 15. Plastic Injection Parts

Tektite Industries acquires C&M Mold and Tool | Plastics News

C&M's equipment was consolidated and moved into Tektite's Trenton, N.J., facility. All of C&M's employees now work for Tektite and no jobs were lost as a result of the acquisition, a Dec. 1 news release said.

Tektite used to "predominately" outsource building tooling for injection molds and dies to C&M, the release said. The acquisition gives Tektite the in-house capability.

"By expanding our in-house tooling capabilities, we are poised to serve customers faster, better and more cost-effectively in support of our company mission," Mele said in the release. "We are also proud to announce that this acquisition allows us to further our commitment to keeping jobs in America in compliance with the Buy American Act."

Tektite manufactures LED flashlights, LED replacement bulbs, dive lights, strobes, marker lights, tactical lights, infrared strobes, knives, and accessories used by scuba divers, mountaineers, police officers and the military. The company has six injection presses, according to Plastics News data.

Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Plastics News would love to hear from you. Email your letter to Editor at [email protected]

Please enter a valid email address.

Please enter your email address.

Please select at least one newsletter to subscribe.

Staying current is easy with Plastics News delivered straight to your inbox, free of charge.

Plastics News covers the business of the global plastics industry. We report news, gather data and deliver timely information that provides our readers with a competitive advantage.

Tektite Industries acquires C&M Mold and Tool | Plastics News

Parting Line Injection Molding 1155 Gratiot Avenue Detroit MI 48207-2997