New Pendulum Corporation acquires Bardot Plastics to expand industrial portfolio
New Pendulum Corporation, a family-owned portfolio company specializing in the manufacturing and industrial sectors, has announced the acquisition of Bardot Plastics Inc., a prominent custom injection molding company based in Easton, Pennsylvania. This acquisition marks the second major move by New Pendulum in less than a year, further emphasizing its strategic expansion in the plastics manufacturing industry.
Clark Stapelfeld, President & CEO of New Pendulum Corporation, articulated the significance of this acquisition, stating, “This acquisition is an excellent example of our investment philosophy, not only from an operational standpoint but also in terms of cultural fit and how we choose to do business.” Bardot Plastics, now renamed Bardot Plastics LLC and a subsidiary of New Pendulum, is known for its high standards and robust reputation, which align well with New Pendulum’s ethos of quality and strategic growth.
With the inclusion of Bardot Plastics, New Pendulum significantly enhances its capabilities across various plastics manufacturing processes, including meltblown nonwoven production, rotational molding, and now, injection molding. Mark Woytowich, VP of Strategic Integration at New Pendulum, noted, “With the acquisition of Bardot Plastics, we are adding a key component to our plastics manufacturing capabilities, one we believe will pay significant dividends across all of our operations.”
Bardot Plastics, founded in 1973 by J. Lee Boucher, has been a family-owned entity that prides itself on its founding principles of quality and precision, famously adhering to the mantra of “making it right the first time.” Rick Boucher, former Owner and Vice President of Manufacturing at Bardot Plastics, expressed enthusiasm about joining New Pendulum: “Our family is excited for Bardot Plastics to join New Pendulum, and we’re equally excited in terms of the resources they are building to move our family’s company into the future.”
The acquisition of Bardot Plastics by New Pendulum Corporation underscores a strategic alignment that not only enhances New Pendulum’s manufacturing capabilities but also solidifies its commitment to long-term growth and profitability within the industrial sector. This merger is expected to foster innovation, enhance operational efficiencies, and open new markets for New Pendulum, further establishing it as a leader in the global manufacturing landscape.