PITTSBURGH, Jan. 2, 2013 /PRNewswire/ -- The establishment of the new company KubeTech Custom Molding, Inc. was announced today. Formerly the Home and Personal Care (HPC) business unit of Rexam, a global consumer packaging company, KubeTech provides custom molding solutions to some of the largest consumer products companies in the world and maintains its position as a North American leader in cube and stack injection mold design, development and production.
Steve Wirrig, former HPC Managing Director, has been appointed as CEO of KubeTech Custom Molding, Inc., which is headquartered in Pittsburgh. The company has approximately 500 employees and operates in five manufacturing sites in North America and one site in Poland.
KubeTech's stand-alone company status comes in coordination with the closing of the divestiture of Rexam's Personal Care businesses to an affiliate of private investment firm Sun Capital Partners, Inc. The sale included Rexam's HPC business, and the Cosmetics and Rexam Plastic Packaging Asia businesses. The latter two businesses are being integrated with Sun Capital's existing affiliated portfolio company Albea, a leading personal and oral care consumer packaging company.
"At KubeTech, our vision is to be the preferred choice for custom molding solutions," said Steve Wirrig, President and CEO, KubeTech Custom Molding, Inc. "We have industry leading technology and capabilities in custom injection molding and high speed assembly. Our dedicated and experienced team is committed to manufacturing excellence, continuous improvement, on-going value creation and flexibility to support the long term needs of our customers and our business. As a stand-alone company, with the backing as an affiliate of Sun Capital Partners, Inc., we will be further enabled to satisfy our customers with competitive custom molding solutions while creating lasting career and growth opportunities for our employees."
KubeTech is a privately held company. Our vision is to be the preferred choice for custom molding solutions. As a North American leader in cube and stack injection mold design, development and production, our customer focus and manufacturing excellence are imperative to our success.
We work closely with our customers, listening to their needs and responding with exceptional efficiency to deliver a high quality and innovative manufactured product. Established as a new company in 2012, KubeTech has six manufacturing sites and more than 40 years of experience in providing complex custom molding and assembly expertise to some of the largest consumer brands in the world.
From tooling and automation to strategic program management, we have the knowledge and capabilities to successfully execute your project and commercialize your product. KubeTech is the best choice for all your custom molding needs.
FOR THE PUBLIC: For more information about KubeTech Custom Molding, Inc., visit www.kubetechmolding.com or call 412.823.2100.
MEDIA PLEASE NOTE: For interviews with Steve Wirrig or information about KubeTech Custom Molding, Inc., please contact Jamie McDaniel at firstname.lastname@example.org or via phone at 419-819-7085.
About Sun Capital Partners, Inc.
Sun Capital Partners is a leading private investment firm focused on leveraged buyouts, equity, debt and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in over 305 companies worldwide since its inception in 1995, with combined sales in excess of $45 billion. Sun Capital has offices in Boca Raton, Los Angeles and New York, and affiliates in London, Frankfurt, Paris, Luxembourg, Shanghai and Shenzhen.
SOURCE KubeTech Custom Molding, Inc.