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Press Release
For Immediate Release
Wentworth Technologies
Extends its Best Value - Low Cost Leadership
through Acquisition of Poland's Leading Injection
Mold Manufacturer
Mississauga, Ontario, Canada, February 22, 2002,
Wentworth Technologies, the World's
No. 1 Independent Mold Manufacturer, acquired Poland's leading injection mold maker A. Trzaska
Polflansz in Bydgoszcz. Polflansz was a private company managed by the Trzaska
family since 1976.
The company was ISO 9001
certified in 1994 and is known for its high quality and timely
delivery of injection molds and injection-molded products. It exports 90% of its products to
Germany, Sweden, Belgium, France, Israel, and Italy.

Wentworth acquired this second mold manufacturer in Poland because
of strong customer demand and lack of capacity in the first plant in Poniatowa
acquired three years ago.
Based on the success of the first
operation, Wentworth was repeatedly asked by our customers
to establish more manufacturing capacity in the low cost environment
in Central Europe.
The acquisition of Polflansz, renamed Wentworth Tech Central Sp. Zo.o. is the
next step in executing
Wentworth's key strategy to continue
as Global Best Value Supplier and Low Cost Leader in mold
manufacturing.
Low Cost - High
Quality
Bydgoszcz is the center for the Polish mold manufacturing industry and it is a
major center for mold making in Central Europe. In recent years a number of
West European companies have established mold manufacturing operations in
Bydgoszcz and developed a pool of highly skilled mold makers that work
according to international standards.
Operating
costs in Poland are similar to those in China's developed
industrial areas, enabling Wentworth to service customers
for whom the higher costs of products made in North America
are prohibitive.
Both manufacturing plants in Poland are low cost satellite operations that
utilize Wentworth's North American technology. Polish personnel are trained in
our plants in the United States and Canada. The Polish operations are able to
serve our North American and European, customers, globally.
Customer Service
To emphasize Wentworth's commitment to the global low cost leadership and
global service, Wentworth has created the position of Vice President, Central
Europe. Mr. Ark Wolos, former corporate Manager of Technical Resources, will
lead our efforts in Central Europe and coordinate the sales and service efforts
for North American customers. In addition, Mr. Ark Wolos will coordinate
efforts to reduce Wentworth's manufacturing costs by placing some of the
production in low cost Poland. Mr. Wolos is familiar with Central Europe and
speaks English, Polish and Russian.
With the acquisition of Wentworth's Tech Central, Wentworth now
operates two (2) mold-manufacturing companies in Poland:
1. Wentworth Tech Central, Bydgoszcz
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Injection molds up to 7.5 tons
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Components |
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Contract injection molding
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Service |
2. Wentworth Tech, Poniatowa
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Blow molds |
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Standard components |
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Metal Stamping tooling up to ten (10) tons |
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Service |
Wentworth Technologies
Wentworth Technologies is a
world leader in contract plastics processing and advanced
mold technologies, passionately focused on driving customer
success. Wentworth offers:
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Best Value
- fast deliveries, customer-focused service, competitive
pricing, and industry-leading technology make Wentworth
your best value supplier of molds and contract plastic
processing.
Fast to Market™ Services
- Wentworth's Fast to Market™ process streamlines
development, lowers costs, and gets your product on the
market fastest.
Global Service and Local
Support - Wentworth's seventeen
(17) Mold Manufacturing and four (4) Contract Plastic
Processing facilities in North America, Europe, and Asia
provide an extensive service network.
Full Range Of Products And Services
- Wentworth provides advanced mold technology and servicing
for many mold technologies and any equipment, anywhere
in the world.
World-leading Mold and Processing
Technologies - Wentworth is
the world's No. 1 independent manufacturer of PET and
extrusion blow molds, No. 2 independent manufacturer of
PET perform molds, No. 1 independent manufacturer of media
packaging molds, and No. 1 independent contract manufacturer
of plastic lids for drink and food containers. |
Wentworth Technologies continuously acquires
high quality businesses in Mold Manufacturing and Contract
Plastics Processing that do not compete with our mold customers.
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