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Atlantis Plastics Injection Molding Inc history
Atlantis Plastics Injection Molding Inc company history timeline
Atlantis grew out of the investments of Trivest, a Miami private investment firm specializing in leveraged buyouts (LBOs) in low-tech industries, focusing on companies generating revenues under $100 million. It was founded in 1980 by a trio of investors: plastic surgeon Doctor Phillip T. George and two accountant friends, J. Bradley Davis and Earl W. Powell.
Atlantis completed an initial public offering (IPO) of stock in 1987 and began trading on the American Stock Exchange.
In February 1991 Cyanede Plastics bought the Fort Smith, Arkansas, injection molding plant of Fort Smith Plastics.
Two years later Loewenstein made an IPO of stock and Atlantis lowered its interest to 20 percent, then to 18 percent in February 1994.
After Loewenstein merged with another company to form WinsLoew Furniture, Inc., Atlantis held a 10 percent stake, which it finally sold in December 1996.
In 1996 the company began to shift from independent sales representatives to direct sales personnel, a change that resulted in closer relationships with key customers, better overall customer service, and wider market coverage.
In September 1999 Atlantis announced it was considering selling the company or other ways to enhance shareholders value and had hired a financial adviser, Bowles Hollowell Conner, to help in the deliberations.
Also in that year the unit developed the polypropylene Cedar Way imitation wood siding, which was introduced to the market in 2000.
In addition, Atlantis added to its markets in 2000 by acquiring Rio Grand Plastic Products Inc., an injection molder located in Alamo, Texas, close to the Mexican border.
Increased business from Whirlpool for refrigerator parts also boded well for the future, and in 2002 Atlantis began expanding its Henderson, Kentucky, plant.
Atlantis also completed the acquisition of LaVanture Products Company, Inc. in November 2004.
Atlantis switched to the NASDAQ in 2005 in an effort to improve the visibility of its stock.
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Atlantis Plastics Injection Molding Inc competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Advanced Assembly | 2004 | $36.5M | 50 | 2 |
| Plastpro | 1994 | $14.0M | 100 | - |
| Plastic Molding MFG | 1968 | $17.3M | 265 | - |
| Von Duprin Inc | 1908 | $190.0M | 500 | - |
| Spectrum Plastics Group | 2017 | $44.2M | 100 | 17 |
| Wrigley Manufacturing Co LLC | - | $950.0M | 2,000 | 2 |
| Camco RV | 1966 | $220.0M | 750 | - |
| DOWNLITE | 1983 | $75.5M | 235 | - |
| American Fiber & Finishing | 1986 | $180.0M | 895 | - |
| Teknor Apex | 1924 | $1.2B | 2,100 | 67 |
Atlantis Plastics Injection Molding Inc history FAQs
Zippia gives an in-depth look into the details of Atlantis Plastics Injection Molding Inc, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Atlantis Plastics Injection Molding Inc. The employee data is based on information from people who have self-reported their past or current employments at Atlantis Plastics Injection Molding Inc. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Atlantis Plastics Injection Molding Inc. The data presented on this page does not represent the view of Atlantis Plastics Injection Molding Inc and its employees or that of Zippia.
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