McCalmont takes over PTP’s three facilities

McCalmont Industries LLC, fully owned by McCalmont, is the name of the new owner. Terms of the transaction were not disclosed.

PTP runs injection molding facilities in Dallas, TX; Searcy, AK; and Minden, LA, with about 70 presses split fairly evenly between the three, in clamp forces from 28 tons to 1500 tons. Welding, assembly, and printing are other skills in the company's arsenal. The processor serves a range of industries including lawn and garden, automotive, medical,

The buyer of the Rosti plastics processing operations in Europe, Nordstjernan AB, had had an option to acquire PTP in the United States but waived it. "After Nordstjernan recently waived its option to acquire the U.S. factories as well, we swiftly entered into negotiations with management aiming at an MBO agreement," says Stig Hoffmeyer, senior VP of A. P. Moller - Maersk. Management was happy to have the opportunity, says McCalmont: "Returning to the U.S. businesses over 18 months ago to manage it through the impending recession, I was impressed to find an efficient, well capitalized operation that has greatly benefited from its more than thirteen year association with A. P. Moller -Maersk."

A.P. Moller - Maersk Group still owns two PET bottle blowmolding companies in Europe. —Matt Defosse