What GS Industries does

GSIB Plastics, LLC, doing business as GS Industries, is a custom plastic injection molder headquartered in a 148,000 sq. ft. facility in Bassett, Virginia. The company was founded in 1966 as Dominion Ornamental to serve the local furniture industry and has operated continuously through multiple ownership changes, including stints as a subsidiary of Libbey-Owens-Ford and Aeroquip Corporation before private shareholder ownership and a February 2009 acquisition by Tahoma Enterprises, Inc. In January 2026 the company was acquired by Daboosh Investments, LLC, with Halifax West serving as exclusive financial advisor, debt lead, and co-investor. The legal entity is GSIB Plastics, LLC, a Virginia private limited liability company.

The company operates 16 injection molding presses ranging from 220 to 1,500 tons with shot capacities of 20 to 225 ounces, an in-house tooling department, and secondary operations including in-mold appliqués, insert molding, hot plate and sonic welding, hot stamping, heat staking, adhesive bonding, screen printing, and assembly. It produces two proprietary product lines, Textube (plastic injection molded yarn carriers, bobbins, cones, and cylinders for the textile and carpet industries) and Underground Products (UV-stabilized duct spacing systems and accessories for buried power, telecom, and broadband infrastructure), alongside industrial custom injection molding for the appliance, furniture, home-décor, construction, textile, and carpet sectors. GSIB processes a wide range of engineered resins including ABS, Nylon, polypropylene, polyethylene, polystyrene, PVC, Santoprene, and FDA approved poly-sulfone.

GSIB makes money through one-time purchases of custom and proprietary molded goods, with distribution handled by a network of regional sales representative firms across the United States (CC Pierce, Burrus & Matthews, DDK Sales, Glenn Associates, Carter York Agency, Locust Electric Sales) and one Canadian rep (Crowther Machinery). Stocked Underground Products support same-day shipment from the Bassett facility, while custom work is quote-based. Operations run 5 days per week, 24 hours per day. Management is led by General Manager Tony Helms (a 32-year internal veteran promoted in January 2020), Vice President Terry Cundiff, Sales Manager Glenda Black, and Customer Service Representative Tiffany Moore, supported by a technical staff whose combined injection molding experience totals 135 years and an average employee tenure of 14-plus years.

Name

GS Industries

Legal name

GSIB Plastics, LLC

Website

https://gsib.com

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

11–50 employees

Short description

GSIB Plastics, LLC (GS Industries) is a Virginia-based custom plastic injection molder serving appliance, furniture, construction, textile, and carpet customers, with two proprietary product lines (Textube textile carriers and Underground Products duct spacers) and a 148,000 sq. ft. single-site operation running 16 presses from 220 to 1,500 tons.

Ownership category

akta.pro rank

Product category

Custom Plastic Injection Molding

NAICS

Plastics Product Manufacturing (3261), Other Plastics Product Manufacturing (32619), All Other Plastics Product Manufacturing (326199)

SIC

Miscellaneous Plastics Products (3080), Plastics Products, Nec (3089)

akta.pro primary industry

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

akta.pro secondary industries

Industrial & Machinery Injection Molded Components (Gears, Wear Parts) (IMANAFAF), Consumer Products Injection Molding (Housewares, Toys, Personal Care) (IMANAFAE)

Keywords

• Plastic injection molding
• Custom molded components
• Underground duct spacers
• Textile yarn carriers
• Industrial plastic manufacturing

Headquarters

HQ city

Bassett

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Custom Injection Molding Services: Produces custom plastic injection molded products to customer specification for appliance, furniture, home-décor, construction, textile, carpet and other industries. Services include in-house tooling development, secondary operations, and warehouse/distribution services.
2. Proprietary Products - Textube: Proprietary line of plastic injection molded textile carriers including yarn carriers for spinning, bobbins/cones/spin tubes, specialty cones and cylinders, carpet cones and cylinders. Products sold directly to textile manufacturers.
3. Proprietary Products - Underground Products: Complete line of underground duct spacing systems and accessories sold to construction companies, civil engineers, developers, and utility companies. Stock maintained for prompt shipment.
4. Distribution Services: Warehouse space to stock custom products and distribution services for customers. Maintains inventory at factory and distributor locations for fast delivery of Underground Products.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

GSIB Plastics, LLC operates as a custom plastic injection molder producing components to customer specification for appliance, furniture, home-décor, construction, textile, and carpet industries. The company manufactures two proprietary product lines — Textube (plastic injection molded yarn carriers, bobbins, cones for textile and carpet industries) and Underground Products (UV-stabilized duct spacing systems and accessories for buried power, telecom, and broadband infrastructure) — alongside industrial custom injection molding services using presses ranging from 220 to 1500 tons.

Product overview

GSIB Plastics, LLC is a custom plastic injection molder offering two proprietary product lines—Textube and Underground Products—alongside industrial custom injection molding services. Textube provides plastic injection molded textile carriers (bobbins, cones, tubes) for spinning, weaving, and knitting operations. Underground Products offers a complete line of UV-stabilized plastic injection molded duct spacing systems and accessories for underground utility infrastructure. The custom molding services serve diverse industries including appliance, furniture, construction, textile, and carpet sectors, with capabilities ranging from 220-ton to 1500-ton presses and secondary operations including welding, stamping, and assembly.

Differentiator

Problem solved

Functional benefit

Brands

• Textube: Plastic injection molded hollow tubes (carriers, bobbins, and cones) used in textile and carpet industries, including yarn carriers for spinning, bobbins/cones/spin tubes, specialty cones and cylinders, carpet cones and cylinders, and two-color products.
• Underground Products

Quantifiable outcome

• Same day shipment available for Underground Products
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Tahoma Enterprises, Inc.coreStrategic or Co-development PartnerParent company of GSIB Plastics, LLC since February 2009. Tahoma Enterprises is an investment group committed to conducting business with high standards of integrity to ensure long-term success. Manages GSIB under its corporate umbrella along with sister companies.
• Tahoma Engineered SolutionsminorStrategic or Co-development PartnerSister company under Tahoma Enterprises umbrella. A collective business unit with capabilities in formed wire, precision machining, large fluid block machining, and engineered process automation solutions. Located in Ashland, Ohio.
• Tahoma Rubber & PlasticsminorStrategic or Co-development PartnerSister company under Tahoma Enterprises umbrella. Serves the global rubber and plastics industries with quality prime and reprocessed raw materials, custom compounding of rubber and plastics. Located in Abbeville, South Carolina.

Scale indicators7 records

Recent moves11 records

Expansion highlights1 record

Direct peers

• EVCO Plastics: Custom plastic injection molder serving industrial, medical, and consumer OEMs with a broad press range and in-house tooling. Highly comparable to GSIB's industrial custom molding business model, at a larger scale.
• Tessy Plastics: Custom injection molder producing components for medical, industrial, and consumer applications with multiple US facilities. Closely comparable service offering and end-market mix to GSIB, though larger.
• Rodon Group: Custom plastic injection molder serving industrial and consumer markets with in-house tooling and a focus on mid-volume runs. Comparable custom molding, tooling, and secondary operations stack to GSIB.
• Plastic Components, Inc. Custom injection molder producing engineered plastic components and assemblies for industrial OEMs. Similar service profile, engineering focus, and target end markets to GSIB.
• Intek Plastics: Custom injection molder with in-house tooling, extrusion, and secondary operations serving industrial customers. Directly comparable business model and capability set to GSIB.
• Magenta Plastics: Mid-market custom injection molder focused on industrial and consumer applications with engineering support. Similar profile to GSIB in scale, end-market mix, and service orientation.
• All-Plastics & Fiberglass: Custom molder serving industrial customers with a mix of injection molding and fabrication services. Comparable contract manufacturing and engineered plastics processing capabilities.
• Underground Devices Inc. Manufacturer of underground duct spacers and accessories for power, telecom, and utility infrastructure. Directly competes with GSIB's Underground Products line in the same niche.

Broad incumbents

• Bemis Manufacturing Company: Large diversified plastic manufacturer with custom molding, proprietary products, and global operations. Comparable in combining proprietary products with custom molding, though far larger and more diversified than GSIB.

Others

• Tahoma Engineered Solutions: Sister company of GSIB under Tahoma Enterprises, offering formed wire, precision machining, and engineered automation. Provides cross-sell and bundled-solution opportunities to GSIB's industrial customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gs-industries-of-bassett-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

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 GS Industries