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Duo Form Plastics recently completed the consolidation of assets acquired from defunct Elkhart, Ind.-based GS Plastics Inc. into its operations in Edwardsburg, Mich.
According to a press release, GS Plastics operated out of two locations in Elkhart until they ceased operations last December. Duo Form completed the asset purchase on Jan. 12.
Duo Form is a producer of 100% recyclable bath and exterior products for the recreational vehicle Industry.
Dick McBride, president of Duo Form, cited an aggressive cost-cutting program for allowing the company to acquire GS Plastics’ property.
“We were forced to make drastic expense cuts beginning in the third quarter of 2008,” said McBride. “Those decisions helped us survive a dismal winter and provide the opportunity to purchase these assets that will broaden our product line.
“This allows our RV customers to purchase more products on the same order and received it on one delivery. We are committed to this business and will work with everyone in the supply chain to reduce waste and improve efficiencies in 2009.”
Duo Form owner George Thomas added that he sees more vendor closures and consolidations in the current RV market.
“This business environment in the best-case scenario is going to force vendors to shed marginal business and increase productivity,” he said. “In the worse case it is going to force them to close their doors.”