Imperial Plastics MN Plant Closure: Midwest Plastics Industry Restructuring
The "Bigger is Better" Trend in Midwest Plastics Manufacturing The 2021 closure of Imperial Plastics MN's Lakeville plant, following its 2020 acquisition by Commercial Plastics, exemplifies a significant trend in the Midwest plastics industry: consolidation. This wasn't an isolated incident; it's part of a broader pattern of larger companies acquiring smaller ones, driven by a "bigger is better" philosophy focused on efficiency and economies of scale. Commercial Plastics, having previously acquired Engineered Polymers Corp....