To the Victor go the spoils

In a move to better serve two of its largest customers and pushing toward its goal of $250 million in revenue by 2010, custom molder Victor Plastics (Victor, IA), has purchased Kincses Tool & Mold. Located in Flora, MS, Kincses—which has 18 injection molding machines, 50 employees, and a 40,000-sq-ft plant—is 100 miles or less from Victor clients, Viking Range Corp. (Greenwood, MS) and Whirlpool Corp. (Oxford, MS), compared to over 400 miles to Victor’s three Iowa plants.

Scott Pope, Victor’s VP of sales and marketing, said the company plans to expand the new Flora facility, making it a 24/7 operation, adding equipment, and doubling the number of staff within the first year.

Victor, which has 143 injection molding machines ranging from 30 to 3000 tons spread between 440,000 sq ft of manufacturing in Victor, Kalona, and North Liberty, IA, also has plans to add blowmolding capabilities in the first quarter of 2007.

The company serves the appliance, automotive, beverage, consumer product, furniture, medical, recreational vehicle, and telecommunications markets. “We’ve found that our diversity in the market place has helped us retain and secure customers who require more than just an injection molder,” Pope said.—[email protected]