What is Formed Plastics?
Formed Plastics, Inc., a veteran in custom rotational molding, thermoforming, and fabrication since 1946, specializes in producing high-quality post-top globes, refractors, and spheres for municipal clients across the United States. The company offers comprehensive design and manufacturing partnerships, alongside a catalog of premium plastic products. Its commitment to excellence is validated by ISO 9001:2015 and AS9100D certifications, positioning it as a reliable partner for demanding industries.
How much funding has Formed Plastics raised?
Formed Plastics has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$807K
Debt (2020): $350K with participation from PPP
Debt (2021): $807K led by PPP
What's next for Formed Plastics?
The recent major strategic investment signals a phase of accelerated development and market expansion for Formed Plastics. This capital infusion is expected to bolster its manufacturing capabilities, potentially enabling the company to pursue larger contracts, enhance its product lines, and further solidify its leadership in providing specialized plastic components to municipalities and other key sectors. The company's long-standing history and quality certifications provide a strong foundation for leveraging this new financing to drive future growth and innovation.
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