{"id":11668,"date":"2019-01-08T11:11:47","date_gmt":"2019-01-08T17:11:47","guid":{"rendered":"https:\/\/thinkerventures.com\/article\/\/"},"modified":"2019-01-08T11:11:47","modified_gmt":"2019-01-08T17:11:47","slug":"parkway-products-littlestar-plastics-join-forces","status":"publish","type":"post","link":"https:\/\/thinkerventures.com\/parkway-products-littlestar-plastics-join-forces\/","title":{"rendered":"Parkway Products and Littlestar Plastics join forces"},"content":{"rendered":"\n<p><strong>Midwest U.S. merger expands advanced technology offering and AS9100 Aerospace Certified footprint<\/strong><\/p>\n\n\n\n<p>Greenville, SC (January 7, 2019) \u2013 Parkway Products LLC announced today that it has completed a transaction with Littlestar Plastics and CEO &amp; founder Philip Preston. The Machesney Park, Illinois, business adds unrivaled high-volume machined plastic production capability and strengthens Parkway\u2019s market leading position in advanced and ultraperformance\u00a0material processing.<\/p>\n\n\n\n<p>\u201cThis combination brings the capabilities of Parkway\u2019s eight U.S. and Mexico operating facilities and five production technologies to our customers\u201d, Littlestar founder Phillip Preston said. \u201cWe have been working together on the details of this union for some time\u00a0and we got it right.\u201d<\/p>\n\n\n\n<p>The Machesney Park facility will continue operations with the current leadership team and becomes Parkway\u2019s ninth North American production facility. Preston will join Parkway in a key role directing Aerospace development and technology integration.<br \/><br \/>\u201cLittlestar is an exceptional operation with specialized capabilities that we are excited to introduce to our customers,\u201d Parkway CEO Al Ridilla said. \u201cThe merger combines our collective leadership in production of components from Torlon and PEEK, feeds our aerospace growth initiatives in concert with our other AS9100 facilities, and serves a demand for world-class machined plastic production solutions that we have from many customers.\u201d<\/p>\n\n\n\n<p>Parkway plans to align the Machesney Park team closely with its advanced-technology Magnesium Thixomolding facility in Loveland, Colorado, and high-performance plastic molding operation in Atlanta, and anticipates engagement with all of its U.S. facilities.<\/p>\n\n\n\n<p><strong>About Parkway Products<br \/><\/strong>Parkway Products, founded in 1946, is a diversified manufacturer offering six production technologies \u2014 Thermoplastic Molding, High Performance Polymers, Magnesium Thixomolding, Thermoset Composites, Paint &amp; Laser Etch, and Machined Plastic Solutions \u2014\u00a0from nine production facilities in the United States and Mexico. With more than 700 dedicated employees, Parkway serves industry leaders in the energy &amp; infrastructure, industrial, aerospace &amp; defense, technology, automotive, lawn &amp; garden, and health care markets.<\/p>\n\n\n\n<p style=\"text-align: center;\">###<\/p>\n\n\n\n<p><strong>Contact:<\/strong><br \/>Al Ridilla, CEO, Parkway Products<br \/>aridilla@parkwayproducts.com<br \/>864-484-8700<br \/><br \/>Phillip Preston, CEO, Littlestar Plastics<br \/>prestonphillip@outlook.com<br \/>815-636-8600<\/p>\n\n\n\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Midwest U.S. merger expands advanced technology offering and AS9100 Aerospace&hellip;<\/p>\n<p> <a class=\"more-link\" href=\"https:\/\/thinkerventures.com\/parkway-products-littlestar-plastics-join-forces\/\">Read more<\/a><\/p>\n","protected":false},"author":6,"featured_media":5615,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","filesize_raw":"","footnotes":""},"categories":[6,7],"tags":[5],"_links":{"self":[{"href":"https:\/\/thinkerventures.com\/wp-json\/wp\/v2\/posts\/11668"}],"collection":[{"href":"https:\/\/thinkerventures.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thinkerventures.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thinkerventures.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/thinkerventures.com\/wp-json\/wp\/v2\/comments?post=11668"}],"version-history":[{"count":0,"href":"https:\/\/thinkerventures.com\/wp-json\/wp\/v2\/posts\/11668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thinkerventures.com\/wp-json\/wp\/v2\/media\/5615"}],"wp:attachment":[{"href":"https:\/\/thinkerventures.com\/wp-json\/wp\/v2\/media?parent=11668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thinkerventures.com\/wp-json\/wp\/v2\/categories?post=11668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thinkerventures.com\/wp-json\/wp\/v2\/tags?post=11668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}