Plasti-Coil has been a leading provider of injection molded plastic parts and component assemblies for over 30 years. In 2005, the company expanded into China to provide injection molded plastic parts to customers with overseas manufacturing plants. Bearing the UL Assurance Seal, Plasti-Coil can track each individual component they make back to its raw material to ensure the quality of the material at each step of the production process. Larry Austin has over 30 years of molding experience. He was a key leader of a successful management team with Miniature Precision Components prior to taking over Plasti-Coil.
In May of 2015 Larry saw an opportunity to purchase the Plasti-Coil American location in Lake Geneva, WI. With the help of an SBA 504 loan provided by WBD and financed through BMO Harris Bank N.A. Larry was able to buy the American branch. Larry has plans to grow Plasti-Coil by diversifying their customer base and reducing operational overhead. Thanks to the acquisition, Larry was also able to add 10 new positions to the Lake Geneva area.