Injection molder Tulip Richardson sold to Stryten Energy

Injection molder Tulip Richardson sold to Stryten Energy

Battery manufacturer Stryten Energy LLC purchased one of its suppliers, Milwaukee's Tulip Richardson Manufacturing (TRM) injection molding machine.

TRM manufactures products for the automotive, industrial lead-acid batteries and consumer markets. It also reprocesses polypropylene and manufactures high-density polyethylene recycling bins and containers for milk and water bottles. TRM was formed in March 2019 when Richardson Molding LLC and Tulip Molded Plastics Corp merged.

Stryten will provide TRM with "the strong operational expertise and financial backing needed to accelerate the expansion of manufacturing capacity across our entire manufacturing facility," said TRM CEO Craig Kellogg. said in a news release on December 7.

TRM has three ISO-certified operating parts: engineered molded plastic and cold lead. The company employs more than 500 people at four factories, in Milwaukee; Niagara Falls and Buffalo, N.Y.; and Columbus, Ind. Factories operate more than 135 injection molding machines, with clamping forces ranging from 10 tons to 1,500 tons.

The facilities will operate under the name Stryten Energy.

Stryten, based in Alpharetta, Ga., manufactures lead and lithium batteries, smart chargers, and provides cloud-based software. Stryten CEO Tim Vargo said in the press release that Stryten will continue to supply TRM customers and has plans to expand output and maximize production.

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