FALCON PLASTICS ANNOUNCES ACQUISITION OF POLY-CAST, INC.For nearly a decade, the Bender family of Falcon Plastics and the Leedom family of Poly-Cast have worked together through a joint venture in our overseas facility. Both companies retain similar values and culture, with an emphasis on customer success. Because of this connection and the strength of our already established partnership, it was an easy choice to bring the Poly-Cast team under the Falcon roof when their team neared retirement and decided it was the right time to begin looking for a purchaser.We are proud to announce that Falcon Plastics has acquired Poly-Cast, Inc., headquartered in Tigard, Oregon. This acquisition will immediately align under the Falcon Plastics business structure.The acquisition enhances the Falcon Plastics custom injection molding business through extended service and product offerings with the addition of wax molding components and further reaching market share in the industrial, medical, automotive, and recreational markets. This acquisition will enhance Falcon Plastics business model as a full-service solutions provider in the custom molding sector. Following the acquisition, Falcon Plastics will operate facilities in three states — South Dakota, Tennessee, and Oregon, in addition to the Poly-Cast facility in Suzhou, China — allowing Falcon Plastics to further optimize and expand customer services and logistics.“I am truly excited about the opportunity this acquisition will bring to everyone we work with” stated Jay Bender, President of Falcon Plastics. “The culture and mutual values of Poly-Cast and Falcon Plastics are closely aligned. This addition will open up a whole new territory for us in the Northwestern U.S. and bring additional capabilities and resources to our entire team.”With the close of the acquisition, Dan Leedom, Owner and CEO of Poly-Cast, will join Falcon Plastics as Sales Account Manager in the Northwest. Current Poly-Cast Suzhou General Manager, Jeff Leedom, will take reign as General Manager of both the Tigard, Oregon and Suzhou, China facilities. Falcon Plastics also plans to integrate the Poly-Cast team of over 60 employees directly in to its core structure. Key suppliers of both companies will continue to play a vital role in the success of our business strategy.