What is TAG Plastics?
Established in 1995 and headquartered in Tracy City, TN, TAG Plastics, Inc. operates from a substantial 60,000 sq. foot facility on 10 acres. The company specializes in injection molding, offering comprehensive in-house services that include design, mold building, and mold repair. With thirteen injection molding presses ranging from 125 to 700 Ton, TAG Plastics processes a wide array of materials such as HIPS, CO-PP, HOPP, GPPS, Delrin 500P, ABS, PVC, SAN, and HDPE, with custom colors and resins readily available. Their operational capacity is supported by auxiliary equipment including heaters, chillers, loaders, and material dryers.
How much funding has TAG Plastics raised?
TAG Plastics has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for TAG Plastics?
The recent major strategic investment indicates TAG Plastics is likely in a late-stage growth phase, potentially focusing on scaling operations, expanding market reach, or investing in advanced manufacturing technologies. This capital infusion is expected to bolster their capabilities in custom plastic component production and reinforce their competitive position within the industry. Future developments may include capacity expansion or diversification of their material processing capabilities.
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