Name

Molded Precision Components

Legal name

1674571 Ontario Inc (dba Molded Precision Components)

Website

https://mpccomponents.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Contract Injection Molding

NAICS

Plastics Product Manufacturing (3261), Industrial Mold Manufacturing (333511)

akta.pro primary industry

Automotive & Transportation Injection Molded Parts (IMANAFAB)

akta.pro secondary industries

Injection-Molded Plastics Manufacturing (IMANAOAG), Insert & Overmolding (Metal/Plastic, Multi-Material) (IMANAFAI)

Keywords

• Contract injection molding
• Plastic injection molding
• Precision molded components
• Automotive plastic components
• Custom injection molding

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Contract Injection Molding Manufacturing: MPC operates as a vertically-integrated engineering and contract molding partner for medium to high-volume production of performance-critical plastic components. Revenue is generated through manufacturing fees for injection molding services across automotive, healthcare, and packaging sectors.
2. Plastic Closures (Flip Caps): Production and sale of plastic flip-caps (20/410 and 28/410) for bottle packaging. Mass production capacity of 40 million 20-410 and 36 million 28-410 caps annually. Sold via wholesale pricing in quantities of 10,000, 100,000, 1,000,000, or 40,000,000.
3. Flower Pots (Recycled Materials): Manufacturing and sale of plastic flower pots for greenhouse industry using post-consumer recycled materials. Volume pricing available.
4. Intumescent Polymer Components: Specialized manufacturing of intumescent polymer components for EV battery fire safety applications. Only IATF 16949 certified injection molder for advanced intumescent polymers.
5. Tool Design and Build Services: In-house design and development of 1-32 cavity tooling, modular pre-production systems, and full tool maintenance services.
6. Precision Machining Services: CNC machining, EDM, grinding, and tooling services with over 9,000 square feet of tooling machinery workspace.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Molded Precision Components is a vertically-integrated engineering and contract injection molding company that designs, tools, and manufactures custom precision plastic components. The company serves automotive, healthcare, packaging, and EV battery safety industries from facilities in Oakville and St. Thomas, Ontario, offering end-to-end capabilities from design through to finished parts.

Product overview

Molded Precision Components (MPC) is a vertically integrated engineering and contract injection molding company operating since 1980 (under current ownership since 2006). The company's core offering is scientific injection molding for performance-critical plastic components, supported by a suite of integrated capabilities. The product portfolio includes: Automotive Component Manufacturing (IATF-certified injection molding for door locks, drivetrain, and internal mechanisms), Injection Molded Packaging Components (for bottles, closures, and packaging), and Plastic Closures (20/410 and 28/410 flip caps with annual capacity of 40M and 36M units respectively). These core products are supported by Design & Development (SigmaSoft virtual molding, SolidWorks CAD, 7 Raise 3D Pro printers), Tooling & Precision Machining (1–32 cavity molds, up to 42,000 rpm CNC), Metrology (measurement to 5 microns via CMM and 3D optical scanning), 3D Scanning (ATOS Q and Capsule at 4μm accuracy), Automation (in-house robot and vision system integration for lights-out manufacturing), and Intumescent Polymers (fire-suppression polymers for EV battery applications, developed with PyroPhobic Systems). Additional offerings include Reshoring Services (production transfer in as little as 7 days), Advanced Engineering (over 25 engineers managing programs from concept to production), and Flower Pots (recycled-material pots for the greenhouse industry). The company serves the automotive, healthcare, and packaging sectors with a fleet of 40 injection molding machines ranging from 10T to 440T, producing over 70 million parts annually.

Differentiator

Problem solved

Functional benefit

Products and services

• Automotive Component Manufacturing

Quantifiable outcome

• Less than 1 PPM defective parts rate while producing 70M+ parts annually
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Twelve partnerships are on record, tiered core, minor and flagship.

• PyroPhobic Systems Ltd.coreTechnology or Integration · 31 October 2022Strategic technology partnership for development and production of intumescent polymer components for EV battery fire safety. MPC is the only IATF 16949 certified injection molder for PyroPhobic's proprietary Intuplas intumescent material. Partnership achieved first-ever scalable and repeatable injection molded intumescent components for automotive EV applications. Components tested and approved for UL 9540A and NFPA 855 compliance.
• County of Simcoe EDCminorGTM or Marketing Partner · 1 January 2022Economic development corporation partnership supporting local business growth and manufacturing sector development.
• City of BarrieminorGTM or Marketing Partner · 1 January 2022Municipal partnership for community involvement and local economic development initiatives.
• Georgian CollegecoreStrategic or Co-development Partner · 1 January 2021Strong collaborative partnership through various R&D, design, and engineering projects. MPC sits on college advisory boards to support program development. Employed 65 co-op students as part of commitment to youth employment and skills development.
• Sterling IndustriesflagshipStrategic or Co-development Partner · 1 March 2020Joint venture partnership for Shield-U face shield design, development, and mass production during COVID-19 pandemic. MPC handled injection molding of headbands while Sterling Industries managed final assembly and medical device certification. Delivered 27M+ face shields to Federal and Provincial governments. Production capacity reached 450,000 shields per day.
• Mainway HandlingminorImplementation/ SI/ Consulting Partner · 1 March 2020Equipment and logistics partner that assisted MPC during COVID-19 pandemic Shield-U face shield production ramp-up.
• University of TorontominorStrategic or Co-development Partner · 1 January 2020Educational partnership for research and development collaboration in advanced manufacturing technologies.
• AvientminorChannel Partner/ Reseller/ Distributor · 1 January 2019Resin and polymer materials supplier partner for injection molding production.
• Entec ErgonminorChannel Partner/ Reseller/ Distributor · 1 January 2019Resin supplier partner for manufacturing materials.
• Nexeo PlasticsminorChannel Partner/ Reseller/ Distributor · 1 January 2019Resin distribution partner for polymer materials supply.
• Linear Transfer AutomationminorStrategic or Co-development Partner · 1 January 2018Co-title sponsor with MPC of the Cybergnomes Robotics team. Barrie-based automation company supporting youth STEM initiatives.
• Cybergnomes RoboticsminorStrategic or Co-development Partner · 1 January 2013MPC has been industrial sponsor since 2013, becoming Title Sponsor in 2018 alongside Linear Transfer Automation. Supports local youth robotics team competing in First Robotics Canada competitions. Part of STEM talent pipeline and community engagement.

Scale indicators18 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Nifco Inc. Japanese-headquartered manufacturer of plastic and metal components primarily for the automotive industry, including fasteners, interior parts, and functional plastic assemblies. Directly comparable to MPC's automotive Tier supplier injection molding business model.
• Tessy Plastics: US-based contract injection molder serving automotive, medical, and consumer end-markets with multi-shot molding, insert molding, and automated production cells. Closely comparable contract manufacturing business model across similar verticals to MPC.
• MGS Manufacturing Group: Precision injection molder and tooling provider serving automotive, medical, and consumer products with vertically-integrated design-to-production services. Comparable specialty Tier supplier model with similar customer profile.
• EVCO Plastics: Custom injection molder offering design, tooling, and production services for medical, automotive, and industrial customers. Comparable vertically-integrated contract molding model with similar mid-market scale.
• Stackpole International: Manufacturer of precision-engineered automotive components including powdered metal, machined, and plastic parts serving major Tier 1 and OEM customers. Comparable precision plastic component capability focused on automotive powertrain and drivetrain applications.
• Plastic Components Inc. Automotive-focused injection molder producing interior, exterior, and under-hood plastic components for Tier 1 and OEM customers. Closely comparable customer base and IATF-driven automotive supplier business.
• Cascade Engineering: Large US-based custom injection molder with vertically-integrated design, tooling, and production across automotive, industrial, and consumer markets. Comparable full-service contract injection molding business model.

Broad incumbents

• Phillips Plastics (Foxconn): Once a publicly-traded precision plastics manufacturer, now part of Foxconn, serving automotive, medical, and industrial customers with injection molding and full-service contract manufacturing. Larger, broader incumbent with overlapping service offerings to MPC.
• Hutchinson (TotalEnergies subsidiary): Global manufacturer of rubber, plastic, and composite components for automotive, aerospace, and industrial markets, including precision molded parts and sealing systems. Overlaps with MPC in automotive plastic functional components, but at much larger and broader scale.
• Magna International: Global Tier 1 automotive supplier with extensive injection-molded plastic component capabilities across body, interior, and powertrain modules. Much larger scale than MPC but overlaps in serving performance-critical plastic parts for major OEMs including GM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/MPCComponents
• Facebookfacebook.com/MPCComponents
• LinkedInlinkedin.com/company/mpccomponents

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Molded Precision Components