Map of Missouri
Plastics Manufacturing Services – Missouri
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CENTRAL STATES MARKETING & MANUFACTURING
This case study explores the valuation and succession planning process for Central States Marketing and Manufacturing, a family-owned business in the custom plastic extrusion industry in McPherson, KS. As the founder, Chuck Singleton, approaches retirement, the need to transition the business to his sons, Zack and Tyler, becomes imminent. Facing the challenge of lacking a formal business valuation to guide the transition, the company engaged Adams Brown to perform an analysis.
Plastic Manufacturers in Missouri
The plastics manufacturing industry in Missouri is a significant contributor to the state’s economy, driven by a combination of factors, including a skilled workforce, strategic location, and supportive business environment. Missouri is home to numerous plastics manufacturing companies, ranging from small businesses to large corporations, producing a wide array of products such as packaging materials, automotive components, medical devices, and consumer goods. The state’s central location in the United States provides logistical advantages, allowing manufacturers to efficiently distribute their products nationwide.
Missouri’s plastics industry benefits from a robust infrastructure, including advanced transportation networks and access to raw materials, which are critical for the production process. The industry is supported by various trade associations and educational institutions that offer specialized training programs to develop and maintain a skilled labor force. Additionally, Missouri’s business-friendly policies, including tax incentives and grants, attract investment and promote growth within the sector.