Lakeland Mold Company Acquires Wheeler BoyceApril 15, 2006 Lakeland Mold Company (Brainerd, MN) has announced the acquisition of the Wheeler Boyce Company (Stow, OH). The merging of the resources of Lakeland Mold and Wheeler Boyce will consolidate two of the leading rotational mold manufacturers and will result in the largest exclusive manufacturer of rotational molds in the world. Each company has a long history of serving the rotational molding industry by offering cast aluminum and CNC machined molds of the highest quality and engineering content. The combined experience and technical capabilities of these two companies uniquely positions the resulting resource to meet the challenges of a changing rotational molding industry on a world wide basis. The ongoing evolution of the rotational molding industry demonstrates a continued transition into increasingly difficult and demanding product applications. This requires that current state-of-the-art mold manufacturing technique fulfills the requirements of these product applications. The synergy resulting from this merging of resources uniquely positions the resultant company to respond to this market dynamic. The ability of each manufacturing site to support the other expands the services each company has offered their customers in the past. As such, manufacturing will continue at respective facilities in both Minnesota and Ohio. One of the primary strategic benefits of this acquisition is the ability to leverage the combined resources and expertise developed at each company to create unique solutions for rotational molders. As growth opportunities are realized, the combined synergy of available capacity at Wheeler Boyce and lean manufacturing techniques developed at Lakeland Mold will facilitate the expansion of output capacity to meet market demand. Please contact John Newhouse, President of Lakeland Mold Company at (218) 824-3122 with any questions. Or visit the Wheeler Boyce website for more info » |