Jasper Holdings, Inc. acquires Jer-Den Plastics
Wed, 11/09/2022 - 4:26pm
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Jasper Holdings, Inc., the parent company of Jasper Engines and Transmissions, Weller Truck, Diesel USA Group, D&W Diesel, Jasper Innovative Solutions, and Jasper Electric Motors, announced last week the acquisition of Jer-Den Plastics, Michigan's leader in Plastic Rotational Molding.
Jer-Den Plastics, with over 30 years of plastics processing experience, provides high-quality rotational molded products for the construction, commercial, industrial, material handling, marine, toy, and recreational vehicle industries, according to a release from Jasper.
They also offer a host of secondary in-house services, including routing, flame treating, foam filling, spin welding, and hardware installation, in order to offer its valued customers rapid, cost-effective, "one-stop" manufacturing.
Their central location in the Midwest enables Jer-Den Plastics to provide the fastest, most efficient product delivery and distribution throughout the country, says the release.
"We are honored to add Jer-Den Plastics to our Jasper Holdings, Inc. brands as they are well respected throughout their industry," stated Jasper Holdings, Inc. CEO Doug Bawel. "President Jeff Stahl and his leadership team will continue to lead Jer-Den Plastics as we look to grow with our loyal customers."
"Jasper Holdings Inc. continues to pursue diversification through acquiring strategic industry leaders to join our 100% Associate-Owned ESOP," said Jasper Holdings, Inc. President Zach Bawel. "To have them and their Associates join our Jasper Holdings, Inc. family of companies is great for their Associates and great for us. This platform will be used in expanding the Jasper Holdings, Inc. footprint outside the Automotive and Trucking Aftermarket."
"Jer-Den Plastics is excited to join the Jasper Holdings, Inc. team this Fall," said Stahl. "The commitment to their Associates through their employee stock ownership plan is a testament to their focus and appreciation for those they work with at every level. We feel confident that Jer-Den Plastics will be in good hands with Jasper Holdings, Inc. and look forward to growing the business under their leadership."