Port Washington-based Molded Dimensions announced that it has acquired Marshfield-based PCO Urethane. Terms of the deal were not disclosed.
Molded Dimensions is a manufacturer and supplier of custom rubber and urethane molded parts to original equipment manufacturers.
PCO Urethane offers a variety of polyurethane parts to customers in industries including agriculture, mining and manufacturing.
According to a news release, the acquisition will allow Molded Dimensions’ to expand its offered products and services, as well as its customer base.
“This acquisition is a tremendously exciting opportunity for our employees and our company expansion,” said Brian Sprinkman, president and chief executive officer of Molded Dimensions. “When you add what Molded Dimensions offers in rubber production to an expanded urethane capacity, we are well-positioned to appeal to a wide range of customers in industries that use molded parts and components.”
Molded Dimensions has a total of 117 employees while PCO Urethane has 48. Molded Dimensions leadership declined to disclose the expected closing date of the merger. They also declined to comment on whether or not there will be any branding or name changes post-merger.