GW PLASTICS
GW Plastics was founded over a half-century ago in 1955 when two early plastics pioneers , John R . Galvin and Odin A . Westgaard , decided to combine their extensive business and materials engineering experience , and their initials , to start a plastics injection molding firm . After building GW Plastics into one of North America ’ s premier precision injection molders , they sold the company to Carborundum in 1973 . A series of large-company M & A transactions in the 1980s resulted in ownership by Standard Oil of Ohio ( Sohio ). In 1983 , a group of company managers and investors led by Plastics Pioneer Frederic Riehl , purchased GW Plastics from Sohio . In 1998 , Brenan Riehl became the President and CEO after an early career with Owens-Illinois and General Electric , assuring a successful leadership transition and continuity of ownership . The company has remained closelyheld , under the same ownership , to this day .
“ We are a high precision injection molding and contract manufacturing company ” said GW
Plastics ’ President & CEO Brenan Riehl . “ We make precision injection molded thermoplastic and silicone components as well as completed assemblies primarily for the healthcare , automotive safety critical and industrial markets . The majority of our business is with Fortune 1000 market leaders who we supply on a global basis .”
Riehl explained that what the Company primarily does is help their customers achieve a competitive advantage in the marketplace by helping them develop , innovate and manufacture their products .
Contributing to GW ’ s competitive advantage is their experienced workforce and stability of ownership . “ We ’ ve really enjoyed an exceptional period of stability of ownership and leadership with the company ,” said Riehl . “ We are also fortunate to have a professional leadership team supported by an outstanding Board of Directors and a talented , longtenured workforce . This has allowed us to keep a steady hand on the tiller , and GW on an even keel , as we have traveled through the highs and lows of the economy .”
This steadiness throughout the
78 March 2015