Columbus, Ohio: December 3, 2021—Engineered Profiles, LLC has acquired West Virginia-based Co-Ex Plastic Tooling, Inc. This follows their recent announcement of adding a 93,000-square-foot production facility in Ironton, Ohio, as part of the Southern Ohio Industrial District.
Previously operating in Milton, West Virginia, the Co-Ex team will join Engineered Profiles at its new location in Ironton. With over 44 years of experience in plastic extrusion processing and tooling, Co-Ex has long served the industry with its staff of skilled machinists, designers, and process technicians. The company has a well-earned reputation for bringing plastic components to life through innovative tooling and processing solutions. Co-Ex's unique skill set will be a welcomed addition to Engineered Profiles' already extensive tooling and development expertise.
"We are extremely pleased to partner with Co-Ex through this acquisition," said Mike Davis, President and CEO of Engineered Profiles. "We're a company experiencing tremendous growth, and this acquisition, coupled with our expansion efforts, will position us to support our customers' needs well into the future. We are also excited to create new job opportunities for Co-Ex employees and individuals in the Ironton area."
The expansion will create 55 new jobs with a total payroll of over $2.2 million within the next five years. Open positions will include machine operators, tool and die makers, and maintenance professionals. Employees will receive competitive pay, benefits, and on-the-job training.
The company's reputation for innovation and problem-solving, coupled with outstanding performance and value, has helped forge long-term partnerships with leading manufacturers.
