Fortis Plastics LLC

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Fortis Plastics LLC - overview

Established

2008

Location

South Bend, IN, US

Primary Industry

Materials

About

Fortis Plastics LLC specializes in plastic injection molding, delivering manufacturing solutions to OEMs and diverse users in sectors such as finance and healthcare, focusing on quality and efficiency in cash handling products. Founded in 2008 and headquartered in South Bend, US, Fortis Plastics LLC operates in the plastic injection molding sector, providing essential manufacturing services. There are currently no mentions of company pivots, subsidiaries, or past mergers. The company was established to meet the specialized needs of its clients in diverse markets.


The founder's history and details are not available, and no specific funding rounds have been disclosed. Fortis Plastics is a prominent player in the plastic injection molding industry, specializing in providing comprehensive manufacturing solutions for both original equipment manufacturers (OEMs) and a variety of end users. The company offers a range of products including pneumatic tube carriers, coin trays, loose coin trays, cash tray kits, and architectural sign systems, catering to sectors such as financial institutions, hospitals, and retail. Their manufacturing capabilities extend from the design and construction of tooling to the injection molding process itself, ensuring a vertically integrated approach that allows them to maintain quality control across all stages of production.


Fortis serves a diverse geographical market across North America, partnering with banks, credit unions, and savings and loans, thereby addressing specific needs for efficient cash handling and secure transactions. Fortis Plastics operates on a business-to-business (B2B) model, primarily engaging with OEMs and other commercial entities that require custom plastic products. Revenue is generated through direct transactions for their various products, including flagship offerings like pneumatic tube carriers and custom tooling services. The structure of these transactions typically involves bulk orders with negotiated pricing based on the complexity and quantity of the molds or products requested.


Clients expect a high level of quality assurance coupled with timely delivery, which is supported by Fortis's state-of-the-art manufacturing facilities. The company's commitment to customer satisfaction and its established reputation for reliability solidify its position as a key supplier within its target markets. Details on Fortis Plastics' future growth strategy, including specific upcoming products, expansion plans into new markets, and how recent funding will support these initiatives, are not available.


Primary Industry

Materials

Sub Industries

Consulting Services, Rubber & Plastics

Website

www.fortisplasticsgroup.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Fortis Plastics LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedNypro Chihuahua S. De R.L. C.V.-
Add-onCompletedMoll Mexico S. de R.L. de C.V.-
MergerCompletedAtlantis Plastics Molded Products Group, Leggett & Platt Plastics Group-

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