Tide Rock completed the acquisition of Plastic Molding Technology.

Tide Rock, an unlevered buyout firm, completed the acquisition of Plastic Molding Technology, a plastic injection molding services provider. Financial terms were not disclosed. “PMT built a solid foundation as a solutions provider over nearly five decades. I look forward to having the ability to expand our capabilities and capacity as a Made-in-USA manufacturer. We have a long-standing reputation as a leading technical injection molder, from our beginnings as a family-founded business in New England to our relocation in 2003 to the US/Mexico border region. We decided to partner with Tide Rock to be able to achieve the next level of growth,” Charles A. Sholtis, PMT CEO.