Unexpected and sign-of-the-times news coming from local plastics manufacturer Bridgville Plastics — we’ve learned the company is preparing to close for good unless they can find a buyer before the end of February.
Moody on the Market is informed that the owners, the Moneta family who have run the business for three generations, have seen a lot of pressures over the last couple of years. Coming out of the pandemic they face increased material prices, sluggish demand due to labor stoppages, and a more competitive landscape that has negatively impacted their sales.
Bridgville Plastic Inc. is an injection-molding business with more than 37 years of experience making a wide array of custom and standard molding solutions. Located in Stevensville, Bridgville Plastics Inc. has helped numerous local, national, and international enterprises find the ideal plastics and molding techniques for their specific machines.
The company has 11 presses, 15 employees, and over $2 million in annual sales.