Elkhart Plastics, Inc. (EPI) has signed a definitive agreement to purchase the assets of The Plastic Professionals (P2) and Connect-A-Dock (CAD), both located in Atlantic. The divisions are subsidiaries of Owner Revolution, Inc., located in Adair. Officials said in a press release, that the transaction is expected to finalize within the next 30 days. EPI will then take ownership of Plastic Professionals and Connect-a-Dock. Plastic Professionals is a 15-year-old custom rotational molder that primarily serves the marine recreation and point of purchase industries. CAD currently manufactures molded components for Connect-A-Dock, which was founded in 1995 and supplies modular floating docks and PWC docks to dealers across the U.S.
EPI CEO Jack Welter said in the news release, that “We’re excited that this acquisition will allow us to increase our U.S. footprint and give EPI greater capacity. We’re looking forward to increasing service to current and future customers with an additional manufacturing location.” EPI corporate headquarters are located in South Bend, Ind. Additional locations include Elkhart, Ind.; Littleton, Colo.; Middlebury, Ind.; and Ridgefield, Wash. Welter says EPI plans to transfer products to P2 from some of the current locations to better serve existing customers. Plastic Professionals has 10 rotational molding machines.
EPI creates rotationally-molded products in an almost endless variety of shapes, lengths, and thicknesses out of its factories. The company provides custom designs for clients in industries including recreational vehicles, marine, agriculture, commercial construction equipment, heavy truck equipment, material handling, and more. EPI also manufacturers Tuff Stack™ and Tuff Cube™ Intermediate Bulk Containers and KONG Coolers.
In April, 2017, Owner Revolution announced a permanent lay-off of employees at their Atlantic location. Reports at the time indicated the staff changes were due to the loss of a major contract with a company that produces portable coolers and drink wear.