About Key Plastics
Key Plastics is a Transportation, Automotive & Logistics company based in Livonia (United States) founded in 1986, and was acquired by Novares in October 2016. Injection-molded automotive components are manufactured for various applications. Key Plastics has raised $20 million across 1 funding round from investors including Novares and Wayzata Investment Partners. Its focus areas include Auto, Auto Components and Multi Category. Its competitors include Cummins, Cooper Standard and Delphi Technologies; 1 of its 3 listed competitors has raised funding.
Company details
Key Plastics was established in 1986 in Livonia, United States, with operations centered on the automotive sector. Injection-molded plastic components are produced to meet industry specifications, including interior and exterior parts. Facilities in the region support manufacturing processes for original equipment manufacturers. The companys domain, keyplastics.com, provides access to operational details. Focus remains on precision molding techniques for vehicle assemblies.
- Headquarters Livonia, United States
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website keyplastics.com
- Social LinkedIn
- Acquired by Novares (Oct 2016)
Funding Insights of Key Plastics
Key Plastics has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $20 million completed in February 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $20M
- Total Rounds 1
- Last Round Private Equity Round — $20M
- First Round $20M
(Feb 2009)
- Investors Count 1
All 1 funding rounds of Key Plastics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2009 | $20M | Private Equity Round | – | – |
2 investors in total: 2 institutional.
Investors in Key Plastics
Key Plastics has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Novares and Wayzata Investment Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward the US and India. | wayzatainvestmentpartners.com | Plymouth, United States | ||
Major auto components are manufactured and supplied globally. | 1955 | novaresteam.com | Clamart, France |
Investor details for Key Plastics
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- Investor portfolios
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People of Key Plastics
29 people are tracked at Key Plastics (1 in leadership, 28 in team).
| Name | Role | Group |
|---|---|---|
Charles Holmes | General Manager | Leadership |
George Awad | Engineering Development Manager | Team |
Claire Hinkle | Commodity Buyer | Team |
Michael Kiel | Produktentwicklung | Team |
Nathan Dunn | Quality Manager | Team |
Derek Fisher | Program Manager | Team |
Anthony Perro | Receiving Clerk At The Warehouse | Team |
Dana Hammond | Quality Engineer | Team |
Alexander Hayden | Jr. Industrial Engineer | Team |
Don Leaders | Process Engineer | Team |
Don Weston | Tool Repair | Team |
Mitch Abramowicz | Process Engineer | Team |
Rob Tracy | Sr. Project Engineer | Team |
Scott Neideck | Project Engineer | Team |
Julie Bright | Senior Commodity Manager | Team |
Donna Demars | Commodity Buyer | Team |
Mindy Rider | Finance Manager | Team |
Diane Deater | Accounts Receivable | Team |
Tina Mosley | HR Specialist | Team |
Soralla Molina | HR Manager | Team |
9 more people are available in the full profile.
Complete people profiles for Key Plastics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of Key Plastics
3 dated milestones of Key Plastics across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Key Plastics is founded.
- Funding First funding round of $20.0M.
- Exit Acquired by Novares.
Competitors of Key Plastics
Key Plastics has 3 listed competitors in our database, 1 of them funded. They include Cummins, Cooper Standard and Delphi Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cummins.com | 1919 | United States | 36,826 | Manufacturer of gas-powered construction equipment | ||
| cooperstandard.com | 1960 | Novi, United States | $51.1M | 40 | Systems and components for the automotive industry are supplied worldwide. | |
| delphi.com | 1994 | Auburn Hills, United States | Manufacturer and supplier of automotive parts to OEMs |
Detailed competitors of Key Plastics
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- Full competitor set
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Web traffic of Key Plastics
Websites that share an audience with Key Plastics (keyplastics.com).
Websites whose visitors overlap most with Key Plastics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| iplex.com.au | 16% | 28.5K | #1,063,605 | View details |
Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as Key Plastics (Automotive Manufacturing & Components) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of infotainment and audio solutions for multiple sectors | 1980 | Stamford, Connecticut, United States | ||||
Manufacturer of gas-powered construction equipment | 1919 | United States | USD 1.27 B | 53,976 | ||
Motor vehicles and parts are manufactured, imported, distributed, and sold. | 1994 | Irvine, California, United States | USD 234 M | 31 |
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Related news about Key Plastics
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Frequently Asked Questions about Key Plastics
Key Plastics was founded in 1986 and raised its 1st funding round 23 years after it was founded.
Key Plastics is headquartered in Livonia, United States. It is registered at Livonia, Michigan, United States.
Key Plastics is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $20M, raised on Feb 2009.
Key Plastics was established in 1986 in Livonia, United States, with operations centered on the automotive sector. Injection-molded plastic components are produced to meet industry specifications, including interior and exterior parts. Facilities in the region support manufacturing processes for original equipment manufacturers. The companys domain, keyplastics.com, provides access to operational details. Focus remains on precision molding techniques for vehicle assemblies.
Key Plastics's top competitors include Cummins, Cooper Standard and Delphi Technologies.
Key Plastics has 2 investors. Key investors include Novares, and Wayzata Investment Partners.
Yes. Key Plastics was acquired by Novares in October 2016.