WACC - Purification Plastics (B)sp 2013(1) 副本.doc

WACC - Purification Plastics (B)sp 2013(1) 副本.doc -...

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Purification Plastics Inc. (B) sp 2013 Purification Plastics Inc. was founded in East Grand Forks, Minnesota by Scott Dice and Daryl Enns in 1988. Both were undergraduate biochemistry students at the University of Minnesota. Scott went on for a Masters in Environmental Science at Oklahoma State and Daryl took his MBA at the University of Wisconsin – Milwaukee. Scott had gone back to East Grand Forks to work in is father’s well drilling and water service business, Dice Water Contractors. Within a month, Scott had noticed the difficulty in obtaining proper pipe for their projects and construction sites. Most of the pipe was an iron based metal composite. This presented two problems. First it was not “burst-proof” (needed in the cold weather) and second it was not flexible (needed for ease of installation). Scott thought that these problems could be solved with the new generation of plastic pipes that were becoming available in the market. Within a month Scott was busy designing his own pipes for irrigation and water systems. In January of the following year he had set up a small pipe extrusion plant, Northern Pipe and Plastics to satisfy Dice Water’s demand as well as some of the other small to medium size businesses in and around East Grand Forks that were in need of the similar materials. With in two years Plastics Pipe Dreams Inc. had become the top regional extruder of polyvinyl chloride (PVC) pipe products, with a reputation for reliability, high quality products and very responsive customer service. Daryl Enns had found employment with WaterPur, a small water filtration company in Duluth, Minnesota. The owner of the WaterPur was forced to put the company up for sale due to health reasons in 1994. Daryl purchased the company and started designing a new water purification system based on ultraviolet light.
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