Injection molding: Hoffer Plastics and The Intec Group form alliance

Two leading U.S. injection molders, Hoffer Plastics and The Intec Group, have formed a strategic alliance. Hoffer has about 300 employees and revenues of approximately $60 million, and Intec’s 850 employees pull in global sales approaching $90 million. Both firms were founded in 1953, and even share the same home state of Illinois (Hoffer in South Elgin, Intec in Palatine).

The two will continue to operate as separate, independent entities, each serving its own, independent customer base. Intec has 150 workers at its 60,000-sq-ft Palatine site, with the bulk of its workforce at its two facilities (one each) in Mexico and Singapore.

William Hoffer, president of Hoffer Plastics, cited Intec’s overseas manufacturing capabilities as one very attractive part of the merger for his company. Intec focuses primarily on the automotive industry, with some molding of electronics/electrical parts, while most of Hoffer’s business stems from packaging and from consumer and industrial products.—[email protected]