T.O. Plastics
T.O. Plastics is a custom thermoforming manufacturer serving medical, life sciences, horticulture, industrial, electronic, automotive, agricultural, recreational, and consumer packaging markets from two Minnesota facilities, with Class 8 cleanrooms for medical packaging and proprietary horticulture brands. The company employs approximately 195 people and operates as a wholly-owned subsidiary of Otter Tail Corporation (NASDAQ: OTTR).
- Company typePrivate
- Founded1948
- HeadquartersClearwater, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What T.O. Plastics does
T.O. Plastics, Inc. is a custom thermoforming manufacturer founded in 1948 and headquartered in Clearwater, Minnesota, with a second manufacturing facility in Otsego, Minnesota. The company designs, engineers, prototypes, tools, and produces thermoformed plastic packaging and components across eight markets: medical and life sciences, horticulture, industrial, electronic, automotive, agriculture, recreational, and consumer packaging. Core technology includes heavy gauge and thin gauge thermoforming (using a Kiefel KMD 90 Speedformer), plastic roll stock extrusion of HIPS and ABS materials (including the proprietary TOPSTAT ESD-protective line), and two Class 8 cleanrooms certified to ISO 13485:2016 and ISO 9001:2015 for medical device packaging. The company also operates in-house design engineering, CNC milling, CAM-aided tool manufacturing, rapid prototyping, and 3D printing, enabling a vertically integrated concept-to-production workflow with prototype-to-production cycles as short as 10 weeks.
The company employs approximately 195 people and operates as a wholly-owned subsidiary of Otter Tail Corporation (NASDAQ: OTTR), which acquired it in 2001. Revenue is generated through custom manufacturing quotes (Net 30 F.O.B. plant) with sales-led distribution via regional sales representatives and a distributor network for horticulture products including BFG Supply, Griffin, Tessman, Carlin, and BWI. Key product brands include SureRoots plug trays for horticulture and TOPSTAT ESD-protective roll stock for electronics packaging. T.O. Plastics is recognized as a Top 100 thermoformer in North America and emphasizes sustainability through nearly zero-waste manufacturing and products containing at least 95% recycled material.
T.O. Plastics firmographics
Firmographics- Name
- T.O. Plastics
- Legal name
- T.O. Plastics, Inc.
- Website
- https://toplastics.com
- Company type
- Private
- Founded year
- 1948
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- T.O. Plastics is a custom thermoforming manufacturer serving medical, life sciences, horticulture, industrial, electronic, automotive, agricultural, recreational, and consumer packaging markets from two Minnesota facilities, with Class 8 cleanrooms for medical packaging and proprietary horticulture brands. The company employs approximately 195 people and operates as a wholly-owned subsidiary of Otter Tail Corporation (NASDAQ: OTTR).
- Ownership category
- akta.pro rank
T.O. Plastics industry classification
Industry- Product category
- Custom Thermoformed Plastic Packaging
- NAICS
- All Other Plastics Product Manufacturing (326199), Plastics Packaging Materials and Unlaminated Film and Sheet Manufacturing (32611), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112)
- SIC
- Miscellaneous Plastics Products (3080), Unsupported Plastics Film & Sheet (3081)
- akta.pro primary industry
- Industrial & Protective Thermoformed Packaging (Dunnage, Trays, Clamshells) (IMANAHAC)
- akta.pro secondary industries
- Thermoformed Packaging (Food, Beverage & Consumer Goods) (IMANAHAA), Thermoformed Electronics & Appliance Components (IMANAHAG), Thermoformed Consumer Products & Housewares (IMANAHAD)
Keywords
Where T.O. Plastics is headquartered
LocationHeadquarters
- HQ city
- Clearwater
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
T.O. Plastics business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Custom Thermoformed Products: Design, development, prototyping, tooling, and production of custom thermoformed plastic packaging and products for medical, industrial, horticulture, and other markets. Revenue generated through product sales with pricing based on specifications, volume, and materials.
- Plastic Roll Stock Extrusion: Custom plastic roll stock extrusion supplying utility-grade to prime high impact polystyrene (HIPS) and ABS for thermoforming and packaging applications. Sold to other companies in addition to internal use.
- Horticulture Products: Proprietary horticulture containers, trays, pots, and related products sold through distributors and direct sales. Includes branded products like SureRoots Plug Trays.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom Manufacturing Quotes |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
T.O. Plastics product offering
Product offeringCore offering
T.O. Plastics is a custom thermoforming manufacturer that designs, engineers, tools, and produces plastic packaging and components for medical, life sciences, horticulture, industrial, electronic, automotive, agricultural, recreational, and consumer packaging markets. The company operates in-house engineering and tooling, plastic roll stock extrusion, and Class 8 cleanroom production from two Minnesota facilities, producing both proprietary branded products (e.g., SureRoots plug trays, TOPSTAT roll stock) and custom-engineered OEM parts.
Product overview
T.O. Plastics is a custom thermoforming manufacturer offering both heavy gauge and thin gauge thermoforming services across multiple market segments. The company's core offerings include: (1) Custom Heavy Gauge Thermoforming for large, complex plastic components; (2) Medical/Life Sciences Solutions including surgical trays, diagnostic kits, and pharmaceutical packaging manufactured in ISO-certified Class 8 cleanrooms; (3) Horticulture Products spanning plug trays (including proprietary SureRoots® brand), various pot styles, propagation sheets, and growing accessories; (4) Plastic Roll Stock Extrusion producing HIPS and ABS sheet materials including the TOPSTAT™ ESD-protective line; and (5) Design and Engineering Services with in-house tooling and prototyping capabilities. The company serves medical, horticulture, industrial, electronic, automotive, agricultural, recreational, and consumer packaging markets from facilities in Clearwater and Otsego, Minnesota.
Differentiator
Problem solved
Functional benefit
Brands
- SureRoots®: Proprietary plug tray brand for horticulture applications, recognized for improving plant health and process efficiencies.
- TOPSTAT™
Products and services
- Medical/Life Sciences Thermoforming Solutions Custom thermoformed packaging and trays for medical devices and pharmaceuticals, including surgical instrument trays, diagnostic kit trays, work-in-process trays, and sterile barrier packaging components manufactured in Class 8 cleanrooms. Targeted at medical device OEMs and pharmaceutical companies.
- Horticulture Products Plastic plant trays and pots including SureRoots Plug Trays, plug trays, propagation sheets, square and round pots, carry trays, inserts, flats, humidity domes, and specialty trays for greenhouse and nursery operations. Targeted at commercial horticulture growers and nurseries.
- SureRoots® Plug Trays Proprietary branded plug trays recognized for improving growing processes with time-tested strategies for optimizing timelines and reducing labor costs in horticulture operations. Targeted at commercial greenhouse and nursery growers.
- Custom Heavy Gauge Thermoforming Advanced thermoforming service for large, complex plastic components engineered for structural performance, tooling flexibility, and controlled trimming. Supports programs from concept through production with scalable results. Targeted at industrial, automotive, recreational, and OEM customers needing larger parts.
- Plastic Roll Stock Extrusion Custom plastic roll stock extrusion supplying utility-grade to prime high-impact polystyrene (HIPS) and ABS for thermoforming and packaging applications, available in multiple gauges, colors, and volumes. Sold to other companies in addition to internal use.
- TOPSTAT™ Roll Stock ESD-protective HIPS (high-impact polystyrene) roll stock for applications requiring static control in electronics packaging. Sold to manufacturers needing static-dissipative materials.
- Design and Engineering Services In-house engineering capabilities including full solid modeling, CNC milling, CAM-aided tool manufacturing, rapid prototyping, and 3D printing for product development from concept to production. Targeted at OEM customers needing design-to-production support.
- Custom Thermoformed Solutions (Industrial, Electronic, Automotive, Agriculture, Recreational, Consumer Packaging) Custom thermoformed packaging and products serving industrial applications, electronic packaging with static dissipative materials, automotive, agricultural, recreational vehicle parts, and consumer packaging like blister and clamshell formats. Targeted at OEMs in these verticals.
Quantifiable outcome
- Product can be completed in as little as 10 weeks from prototyping to production
- +3 more outcomes
Companies that use T.O. Plastics
Customer profileNamed customers5 records
Segments8 records
Ideal customer profiles4 records
T.O. Plastics technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
T.O. Plastics partnerships and signals
Strategic signalScale indicators7 records
Recent moves7 records
Expansion highlights5 records
T.O. Plastics competitors and assessment
Company assessmentDirect peers
- Placon Corporation: Custom thermoformed plastic packaging manufacturer serving medical, food, and retail markets. Closely comparable to T.O. Plastics' custom thermoformed packaging business with similar vertical focus on regulated and consumer end markets.
- Prent Corporation: Thermoformed plastic packaging specialist with significant medical device and healthcare packaging exposure. Comparable to T.O. Plastics' Otsego cleanroom operations serving medical OEMs with sterile barrier and device tray solutions.
- Nelipak Healthcare Packaging: Specialty thermoformed packaging manufacturer focused on medical device and pharmaceutical packaging with cleanroom capabilities. Directly comparable to T.O. Plastics' Class 8 cleanroom medical packaging operations.
- Genpak: Manufacturer of thermoformed plastic packaging and foodservice products. Comparable as a multi-market thermoformer serving food, retail, and industrial customers with similar heavy gauge and thin gauge capabilities.
- D&W Fine Pack: Thermoformed plastic products manufacturer serving foodservice and consumer packaging markets. Comparable as a custom thermoformer operating at similar scale across multiple end markets.
- Winpak: Manufacturer of flexible and rigid plastic packaging including thermoformed products for food, beverage, and medical applications. Comparable in thermoformed packaging technology and multi-market exposure.
Broad incumbents
- Pactiv Evergreen: Large publicly-traded thermoformed and molded fiber packaging producer with broad foodservice and consumer product portfolio. A much larger incumbent operating across overlapping thermoformed packaging categories.
- Sonoco Products Company: Diversified global packaging manufacturer with rigid plastics and thermoformed packaging operations. A broad incumbent whose rigid plastics segment competes with T.O. Plastics across multiple end markets including medical and industrial.
Peers
Market position
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
T.O. Plastics social profiles
Digital presenceT.O. Plastics compliance and trust
Trust signalCompliance3 records
T.O. Plastics financial estimates
Financial estimateRevenue estimate
Valuation estimate
T.O. Plastics leadership team
Management profileNumber of profiles
Profiles7 records
T.O. Plastics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
T.O. Plastics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about T.O. Plastics
What does T.O. Plastics do?
T.O. Plastics is a custom thermoforming manufacturer that designs, engineers, tools, and produces plastic packaging and components for medical, life sciences, horticulture, industrial, electronic, automotive, agricultural, recreational, and consumer packaging markets. The company operates in-house engineering and tooling, plastic roll stock extrusion, and Class 8 cleanroom production from two Minnesota facilities, producing both proprietary branded products (e.g., SureRoots plug trays, TOPSTAT roll stock) and custom-engineered OEM parts.
Is T.O. Plastics a public or private company?
T.O. Plastics is a private company. It is classified as corporate owned and is currently operating.
When was T.O. Plastics founded?
T.O. Plastics was founded in 1948. It employs 101 to 250 people.
Where is T.O. Plastics based?
T.O. Plastics is headquartered in Clearwater, United States, in the North America region.
How does T.O. Plastics make money?
Three revenue lines are on record. Custom Thermoformed Products are the primary driver. The others are plastic Roll Stock Extrusion and horticulture Products.
Who are T.O. Plastics's main competitors?
Direct peers on record are Placon Corporation, Prent Corporation, Nelipak Healthcare Packaging, Genpak, D&W Fine Pack and Winpak. Broad incumbents are Pactiv Evergreen and Sonoco Products Company. Huhtamaki is listed as a peer.
Does T.O. Plastics have an API?
No public API is recorded for T.O. Plastics.
What industry is T.O. Plastics in?
T.O. Plastics's product category is Custom Thermoformed Plastic Packaging. Its primary akta.pro industry code is IMANAHAC, Industrial & Protective Thermoformed Packaging (Dunnage, Trays, Clamshells), with a secondary code of IMANAHAA, Thermoformed Packaging (Food, Beverage & Consumer Goods). Its NAICS code is 326199 and its SIC code is 3080.