Indiana-based Horizon Plastics & Engineering acquired by DexKo Global

DexKo Global said that it has acquired Indiana-based Horizon Plastics & Engineering, a provider of plastic injection molded components, for an undisclosed price.

Located in Osceola, Horizon Plastics & Engineering, which was incorporated in 1983, caters to multiple industries.

Horizon Plastics & Engineering’s current owner Neil Hassinger joined the business in 1985 to supervise the molding operations. Currently, Horizon Plastics employs around 20 people and has a 15,000sft facility.

The company has been a long-term, supplier to Dexter’s door and vent manufacturing facility in Bristol, Indiana.

Neil Hassinger — Horizon Plastics President said: “After nearly 30 years of partnering with Dexter, we are very excited to join the DexKo Global team. This combination will expand our current market exposure while also bringing injection molding expertise to Dexter, creating many opportunities for both the employees and the business to grow and succeed.

“We are looking forward to being part of a world class manufacturer where employee health and safety are a major focus, and we are enthusiastic for what lies ahead.”

Based in Michigan, DexKo Global is a supplier of chassis technology, chassis assemblies, and associated components. It was founded in 2015 by the merger of DEXTER and AL-KO Vehicle Technology.

Headquartered in Novi, the company has 56 production facilities and 95 distribution centers.

Adam Dexter — Dexter CEO said: “By adding the Horizon Plastics business to the Dexter team, we strengthen our ability to serve customers and improve the flexibility of our business.

“We look forward to this new addition and I would like to personally thank Neil Hassinger for his leadership and his contributions over the years at Horizon Plastics.”