Thunderbird LLC (Elk Grove Village, IL) has acquired the assets of Indiana Plastics/Kruis Mold Inc., based in Elkhart, IN, and named the new companies Indiana Plastics LLC and Kruis Mold LLC. Indiana Plastics is a custom injection molding company. Kruis Mold builds and repairs custom tooling and molds for a variety of companies.
According to Kevin Prunsky, co-founder of Thunderbird LLC, the purchase complements Thunderbird’s recent acquisition, announced Feb. 28, 2018, of Williams Plastics LLC (Shelbyville, IN). Williams Plastics provides injection molded drinkware and custom art, design and print services. The string of acquisitions will form a stronger, more complete offering of plastic injection molding design, execution and delivery. Thunderbird has retained the Indiana Plastics/Kruis Mold Inc. management team and added marketing and financial management.
Indiana Plastics maintains a skilled production staff that uses the latest molding practices and modern equipment, along with 50 years of experience, to produce superior injection molded products, explained Thunderbird. Kruis Mold builds and repairs custom tools for the molding industry.
The companies’ capabilities include injection molding (85 to 660 ton), assembly, in-mold decorating, high-volume molding, multi-material molding, insert molding, design, prototyping, and testing.
As a member of the Thunderbird LLC portfolio of companies, Indiana Plastics can now cross-manufacture various products with Metal Impact, a manufacturer of impact extruded and machined metal parts, and F&B MFG, a manufacturer of hydroformed and machined metal parts, with Kruis providing mold and tooling support with CNC and wire EDM capabilities, said Thunderbird’s information.
Thunderbird’s portfolio consists of American companies that manufacture their products in America but aim for a larger world market. They specialize in industries including automotive, military, power, industrial and consumer. Thunderbird is looking for opportunities to expand its portfolio to include more businesses in these industries that need financial, marketing and management skills to reach higher levels of growth and revenue.