COMPANY REVIEW (1/28/2011)
IPL Plastics Inc.
Current Share Price
Market Capitalization: $103 Million
(7.3 mm shares)
Management Ownership 52.0%
Industry Focus: Industrial Products – Plastic Molding
IPL Inc. is a North American producer of molded plastic products through injection and
extrusion for various industrial sectors.
IPL designs and produces packaging containers
and crates for the agrifood, chemical, forest products, petrochemical construction and
integrated waste management industries. It also provides high-tech custom molding
services for the automotive, transport, maple syrup, telecommunication and defense
industries as well as for various industrial uses.
(for a full display of products, visit the
corporate website: www.ipl-plastics.com)
Founded in 1939, the Company employs more than 1,100 persons and markets over 400
The company operates over 110 molding machines, varying from 150 to 3,000
Furthermore, the Company currently has over 75 robots active in the
It has three plants in Quebec, located at Saint-Damien, Saint-Lazare
and Lawrenceville, with additional plants in Windsor, Ontario, and Edmundston, New
IPL has a network of regional offices and warehouses across Canada and the
Industrial Products (47% of Revenue)
The Company has been involved in the material handling products since 1965.
company has a series of multifunctional, attached lid, nestable, plastic containers
designed for distribution of retail goods including grocery dry goods, perishable ,
hardware, and clothing. The heavy gauge plastic construction is very durable, and the
accompanying features were designed to support the demands and the needs of the
warehouse and retail environments.
Returnable containers have been proven to cost retailers less than disposable corrugated
containers, in the right applications. IPL was the first company to eliminate metal or
fiberglass hinge rods from attached lid, nestable containers, by molding the hinge rod into
the tote. The molded-in hinges reduce cost, increase durability, and make repair and
recycling easier. They also make containers 100 percent metal detector compatible, a
critical feature for many food application.
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