Consolidation’s big impact on the rotomolding sector

From Consolidation has the biggest impact on rotomolding sector (Plastics News):

With combined sales of more than $2.6 billion for fiscal 2020, 107 firms made the ranking this year. That’s up 3.5 percent vs. 2019. The average sales per company was $23.9 million, that’s up 10 percent.

Proprietary molding makes up the biggest share among the molder, with $1.5 billion, or 60 percent of the total. Custom and captive come in at $605 million and $128 million, respectively.

You may have noticed that we have fewer firms ranked this year and we can look to consolidation for the reason. Tank Holding Corp., which tops our list with estimated $420 million in related sales, includes four acquired companies from our previous list: Dura-Cast Products Inc.; Rotational Molding Inc.; Rotational Molding of Utah and Spin Products Inc.

Myers Industries Inc., enters our list this year at No. 4, with $164.3 million, combining previously listed Ameri-Kart Corp. plus recently acquired Elkhart Plastics Inc. and Trilogy Plastics Inc.

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