What Plastech Corporation does

Plastech Corporation is a privately held, full-service contract injection molder founded in 1956 (as Star Tool, rebranded Plastech Research in 1961 and Plastech Corporation in 1963) and headquartered at 920 S Frandsen Ave, Rush City, Minnesota. The company operates as a Tier 2 plastics manufacturer producing custom thermoplastic components and assemblies across 12+ end markets, including powersports, automotive, telecommunications, medical, appliances, agriculture, food service, power generation, electrical, construction, outdoor recreation, and water solutions. Its core technology is scientific injection molding supported by 47+ automated presses ranging from 55 to 1,500 tons, processing over 16 million pounds of thermoplastic resin annually across nearly 500 grades and producing more than 1,000 unique parts each year. In-house capabilities span Class A molding, tight-tolerance molding, insert molding, gas-assist, structural foam, overmolding, clear-part molding, in-mold labeling, metal-to-plastic conversion, and in-process welding, with full downstream services in mold building, metrology-based quality assurance (FAIRs, PPAP, SPC inside IQMS ERP), supply chain management, and assembly/kitting.

The company's revenue model is custom contract manufacturing: quote-based pricing per project, with each engagement scoped by part complexity, material, volume, tooling, and secondary operations, typically structured as multi-year supply agreements. Go-to-market is direct enterprise field sales, with a three-person dedicated team (Project Engineer, Customer Service Representative, Account Manager) assigned to each customer, anchored in the Upper Midwest but shipping globally to Canada, Mexico, South America, Europe, Africa, and Asia. The company employs 300-360 people across two facilities (Rush City, MN and Frederic, WI, the latter opened in 2023), generating an estimated $50M-$100M in annual revenue as a wholly owned subsidiary of Frandsen Corporation, a diversified family-controlled conglomerate with $230M in aggregate annual sales and over $3B in financial-services assets. Named enterprise customers include T.RAD North America, Eaton Power System Division, Clam, and Atrix International; long-tenured relationships with powersports OEMs (Ski-Doo, Arctic Cat, Polaris) date to the 1960s.

Name

Plastech Corporation

Legal name

Plastech Corporation

Website

https://plastechcorporation.com

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

251–500 employees

Short description

Plastech Corporation is a privately held, full-service contract injection molder producing custom thermoplastic components and assemblies for enterprise customers across 12+ industries, including automotive, powersports, medical, and telecommunications, from facilities in Rush City, MN and Frederic, WI.

Ownership category

akta.pro rank

Product category

Plastics Manufacturing / Contract Injection Molding

NAICS

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

SIC

Miscellaneous Plastics Products (3080)

akta.pro primary industry

Custom Injection Molding & Contract Manufacturing (Job Shops/CMs) (IMANAFAJ)

akta.pro secondary industry

High-Performance & Engineering Polymers Injection Molding (PEEK, PPS, LCP, etc.) (IMANAFAK)

Keywords

• Contract injection molding
• Plastic parts manufacturing
• Thermoplastic components
• Custom molded assemblies
• Mold building services

Headquarters

HQ city

Rush City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Injection Molding Manufacturing: Plastech operates as a full-service contract injection molder, producing precision plastic parts and components across 12+ industries including automotive, powersports, medical, telecommunications, and appliances. The company processes over 16 million pounds of thermoplastic resin annually and produces over 1,000 unique parts each year. Revenue is generated through manufacturing fees for custom injection molding services, with pricing based on project complexity, material selection, volume, and tooling requirements.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Plastech Corporation is a full-service contract injection molder that produces custom precision thermoplastic parts and assemblies using a scientific molding approach. Its core offering spans ten specialized molding processes (Class A, tight tolerance, insert, gas-assist, structural foam, plastic/metal overmolding, clear part, in-mold labeling, metal-to-plastic conversion, and in-process welding), supported by in-house project management and engineering, mold building, quality assurance, supply chain management, and assembly services. The company processes over 16 million pounds of resin annually across nearly 500 grades and produces more than 1,000 unique parts each year for customers in 12+ industries.

Product overview

Plastech Corporation is a full-service contract injection molder offering a comprehensive suite of manufacturing services centered around injection molding. The core offering is Injection Molding Services encompassing multiple specialized processes (Class A Molding, Tight Tolerance Molding, Insert Molding, Gas-Assist Molding, Structural Foam Molding, Plastic/Metal Overmolding, Clear Part Molding, In-Mold Labeling, Metal to Plastic Conversion, and In-Process Welding+Assembly). Supporting services include Project Management+Engineering (with DFM, CAD, Mold Flow Analysis, APQP), Mold Building (new builds, repairs, revisions, maintenance), Quality Assurance (FAIRs, PPAP, metrology lab with SPC), Supply Chain Management (500+ resins, warehousing, inventory programs), and Assembly Services (welding, milling, testing, decorating, kitting). The company operates from Rush City, MN and Frederic, WI facilities serving 12 industries including powersports, automotive, medical, telecommunications, appliances, agriculture, food services, power generation, electrical, construction, outdoor recreation, and water solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Injection Molding Services Full-service contract injection molding providing precision plastic parts and assemblies, including Class A, tight tolerance, insert, gas-assist, structural foam, overmolding, clear part, in-mold labeling, metal-to-plastic conversion, and in-process welding processes, for customers across powersports, automotive, medical, telecommunications, appliances, agriculture, food services, and other industries.
• Project Management + Engineering Comprehensive project engineering services including DFM analysis, CAD technology, Mold Flow Analysis, tooling takeovers, APQP program management, and dedicated three-person project teams (Project Engineer, Customer Service Representative, Account Manager) assigned per customer to oversee each program from concept to production.
• Mold Building Mold building services including new builds, repairs, revisions, and preventative maintenance, executed in partnership with domestic and offshore tool shops and led by two full-time tooling engineers with over 80 years of combined experience.
• Quality Assurance Quality control services including First Article Inspection Reports (FAIRs), Production Part Approval Process (PPAP), in-process inspections and Statistical Process Control (SPC) graphing within the IQMS ERP system, and inspections performed in a metrology lab equipped with FaroArm, Zeiss CMM, and other advanced instruments for dimensional and cosmetic requirements.
• Supply Chain Management Supply chain services processing 500+ thermoplastic resin grades and purchasing 1,000+ unique components annually, with 6 resin silos, 330,000 square feet of warehousing for customer-managed inventory, 13,500 square feet of tool storage, and just-in-time delivery programs.
• Assembly Services Secondary assembly operations including sonic, hot plate, spin, and vibration welding; fastening and bonding; precision milling; verification testing (pull strength, air leak, impact, leak down); decorating (hot stamp, heat transfer, chrome plating, pad printing); and kitting and fulfillment.

Quantifiable outcome

• Produced over 1,000 unique parts each year across 12+ industries
• +4 more outcomes

Named customers5 records

Segments12 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature14 records

Partnerships

Five partnerships are on record, tiered core and supporting.

• Frandsen CorporationcoreOthersFrandsen Corporation is the parent holding company of Plastech Corporation. Founded as Frandsen Log and Lumber Company in 1951, it now manages several manufacturing companies with $230 million in annual sales and a bank holding company with over $3 billion in assets. Frandsen companies employ approximately 1,200 people in Minnesota, North Dakota, and Wisconsin, and have purchased nearly 50 companies over 60 years.
• MINNCORsupportingImplementation/ SI/ Consulting PartnerMINNCOR is a Minnesota-based company that provides additional manufacturing services such as machining, assembly, and finishing through partnership with Plastech. This partnership allows Plastech to offer comprehensive solutions to meet diverse customer needs beyond its core injection molding capabilities.
• Frandsen Family FoundationsupportingOthersThe Frandsen Family Foundation, associated with Plastech's parent company, supports the community through scholarships for local technical college graduates, donations to Lakes Region EMS, and other charitable initiatives.
• Domestic and Offshore Tool ShopssupportingTechnology or IntegrationPlastech partners with both domestic and offshore tool shops for mold building. Uses a single offshore tool shop for new builds and several domestic partners built over decades. Plastech stamps a warranty on all new mold builds based on the expertise of its tooling department.
• Miller Manufacturing CompanysupportingStrategic or Co-development PartnerMiller Manufacturing Company is a sister company under Frandsen Corporation that produces farm, ranch, and pet products under brands including Little Giant, Hot-Shot, Springer Magrath, Double-Tuf, Pet Lodge, and API. Plastech works extensively with Miller Manufacturing to create high-quality buckets, feeders, scoops, and other plastic products for the agriculture sector.

Scale indicators11 records

Recent moves11 records

Expansion highlights5 records

Broad incumbents

• Proto Labs: Proto Labs (Brooklyn Park, MN) is a publicly-traded digital manufacturer offering rapid injection molding (alongside 3D printing and CNC). Its Minneapolis-area headquarters makes it a geographically anchored broader incumbent — it offers a different go-to-market (rapid/low-volume) but directly overlaps on tooling/molding/quality services consumed by many of the same enterprise customers Plastech serves.
• Dynacast: Dynacast is a global precision components manufacturer specializing in die casting and plastic injection molding across automotive, industrial, and consumer end markets. As a much larger, multi-continent specialty manufacturer it is a broader incumbent that overlaps with Plastech in custom plastics components and value-added finishing.

Direct peers

• EVCO Plastics: EVCO Plastics (DeForest, WI) is a Wisconsin-based custom injection molder with a roughly similar employee scale and full-service offering, including mold design, engineering, molding and assembly. Geographic proximity in the upper Midwest and overlapping automotive/industrial/consumer customer base make it one of the most directly comparable peers to Plastech.
• Tessy Plastics: Tessy Plastics (Skaneateles Falls, NY) is a comparable full-service contract injection molder with similar enterprise customer base spanning medical, automotive, and industrial end markets. Of comparable scale in terms of press count and annual output, it offers the same cradle-to-grave tooling/molding/assembly model that Plastech provides.
• Plastic Components Inc. Plastic Components Inc. (Germantown, WI) is a Wisconsin-based custom injection molder serving automotive, electronics and industrial OEMs. Its full-service tooling/molding/secondary operations model and Midwest footprint put it in direct competition with Plastech for many of the same customer programs.
• Baytech Plastics: Baytech Plastics (Newburyport, MA) is a Tier 2 automotive-focused custom injection molder with full molding, assembly, and sequencing capabilities. Comparable in scale and in its automotive/furniture/tooling offering, it is a strong peer for Plastech's automotive-trim and assembled-parts business lines.
• Bold Laser Automation: Bold Laser Automation (Genoa City, WI) is a Wisconsin-based custom injection molder with a comparable Midwest service model and customer roster spanning consumer products, industrial and specialty OEM applications. Mid-scale operation with similar press range and overmolding/secondary capabilities.
• Phillips Medisize: Phillips Medisize (Hudson, WI) is a medical- and diagnostic-focused contract injection molder offering design, tooling, molding and assembly for regulated end markets. Originally Phillips Plastics, it shares WI upper-midwest roots with Plastech and competes for similar Tier 1/Tier 2 medical, industrial and consumer customers.
• Intertech Plastics: Intertech Plastics (Denver, CO) is a custom injection molder with press tonnage and process capabilities similar to Plastech, serving consumer products, industrial and medical OEMs. Comparable in size and broad-service scope, it competes for the same types of multi-industry enterprise molding programs.
• Tri-Mack Plastics: Tri-Mack Plastics Manufacturing (Bristol, RI) is a custom injection molder specializing in high-performance engineering resins for aerospace, medical, and industrial applications. It is comparable to Plastech in its mix of high-tolerance/engineering-grade molding and value-added secondary operations.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/PlastechCorp
• LinkedInlinkedin.com/company/plastech-corporation
• Instagraminstagram.com/plastechcorp

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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 Plastech Corporation