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Nypro sells Chihuahua site to Fortis Plastics

Contract manufacturer Nypro (Clinton, MA) has sold its Chihuahua, Mexico operation to New York based private equity fund Monomoy Capital Partners LP, which will roll the business into its Fortis Plastics LLC unit, a injection molding and extrusion business that formed in late 2008 through acquisitions from Leggett & Platt Inc. and Atlantis Plastics Inc.

PlasticsToday Staff

October 29, 2009

1 Min Read
Nypro sells Chihuahua site to Fortis Plastics

unit, a injection molding and extrusion business that formed in late 2008 through acquisitions from Leggett & Platt Inc. and Atlantis Plastics Inc. Fortis currently operates a resin compounder and eight regional molding facilities, including an operation in Ramos, Mexico.

Nypro Chihuahua’s nearly 100,000-ft2 facility features, injection molding. painting, decorating, and cleanroom capabilities. According to a release, Fortis hopes to expand the site by “extending its products and capabilities to Fortis’ current customer base of appliance, medical device, building products, and furniture makers.” Fortis currently employs 950 at facilities in Fort Smith, AR; Carlyle, IL; Poplar Bluff, MO; Henderson, KY; Jackson, TN; South Bend, IN; Houston, TX; and Ramos and Chihuahua, Mexico. Monomoy operates a $280 million private equity fund and has completed 25 transactions in four years. It now owns 10 business that collectively employ more than 5000.

Nypro Chihuahua serves the electronic/telecommunications, consumer, industrial and automotive markets, with 250 employees, 42 injection molding machines, including eight in a Class 100,000 cleanroom, manual assembly, painting, and a metrology lab. Nypro maintains three other operations in Mexico. The newest is Nypro Juarez, established early in 2007. That site has 72 molding machines, ranging from 45 to 600 tons, with a Class 100,000 cleanroom. In Guadalajara, Nypro Kanaak Guadalajara operates a 140,000-ft2 facility in the heart of Mexico’s “Silicon Valley.” A joint venture between Nypro and Sealaska, the site has paint and decoration services, including a Class 100,000 clean painting room, with two fully-automated booths. Finally, Nypro Monterrey has 75,000-ft2 of production space, with two molding rooms—one housing 25 machines, and the second, a Class 100,000 cleanroom, with 19 presses. —[email protected]

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