DexKo Global Inc., the parent company of Dexter Axle, completed the acquisition of Horizon Plastics & Engineering, Inc. Located in Osceola, Indiana, Horizon Plastics provides plastic injection molded components to multiple industries.
“By adding the Horizon Plastics business to the Dexter team, we strengthen our ability to serve customers and improve the flexibility of our business,” said Adam Dexter, Dexter Axle CEO. “We look forward to this new addition and I would like to personally thank Neil Hassinger for his leadership and his contributions over the years at Horizon Plastics.”
Horizon Plastics was incorporated in 1983 and current owner Neil Hassinger joined the business in 1985 to oversee the molding operations. Today, Horizon Plastics operates from a 15,000-square-foot facility employing nearly 20 people.
Horizon Plastics has been a long-term supplier for Dexter’s door and vent manufacturing plant.
“After nearly 30 years of partnering with Dexter, we are very excited to join the DexKo Global team,” Hassinger said. “This combination will expand our current market exposure while also bringing injection molding expertise to Dexter, creating many opportunities for both the employees and the business to grow and succeed. We are looking forward to being part of a world-class manufacturer where employee health and safety are a major focus, and we are enthusiastic for what lies ahead.”
According to DexKo Global CEO Fred Bentley, acquiring Horizon Plastics fits into DexKo’s strategy to increase the company’s value and service to customers.
“As with previous acquisitions,” Bentley said, “we will provide a financial and operational foundation that together with DexKo will enable us both to continue to drive our strategic vision.”
DexKo Global is a trailer running gear, chassis assembly and related component supplier. To learn more about the company, click here.
