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Plastics Manufacturing - Wisconsin (WI)

Like many industries over the past few years, plastic manufacturers in Wisconsin have faced several challenges while taking advantage of multiple opportunities.

For many plastic molding manufacturers, time is spent on minimizing unplanned downtime, managing material costs, addressing the skilled worker shortage and controlling process variations. One of the most significant issues facing the plastics industry is inflation. Not only is inflation driving up the cost of supplies, including resin, but it has sharply increased the cost of capital and reduced borrowing options.

Throw in external factors such as the pressure to re-shore, which requires additional investments in labor, equipment, and processes, and it’s clear your growth trajectory may look different this year.

When facing times of uncertainty, plastics manufacturers in Wisconsin must manage the variables they can control. Your relationship with your accounting firm is one of those factors.  Working with a certified public accounting (CPA) firm with the relevant technical expertise and experience in your industry will allow you to navigate tax liabilities, right-size your finance department’s structure with outsourcing and automation and present a solid financial picture for audit requirements and overall management decisions.

PLASTICS PROCESSOR EXPERIENCE – Wisconsin (wi)

Adams Brown, Strategic Allies, and CPAs is a certified public accounting firm serving the accounting, payroll, tax, audit, technology, managed IT, cybersecurity, business valuation, succession planning, estate planning, and wealth management needs of plastics industry companies.

To provide plastics accounting services to reduce your compliance burdens and achieve financial goals, our team works with plastics processors of all sizes throughout the country. This includes serving manufacturers in several sectors, including:

  • clear plastics manufacturers,
  • custom plastics manufacturers,
  • general plastics manufacturing,
  • hard plastics manufacturers,
  • plastic injection molding manufacturers,
  • plastic extrusion manufacturers.

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VALUATION CASE STUDY:
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.

PLASTICS MANUFACTURING SERVICES – WISCONSIN

 

  • Controller & CFO Services
  • Payroll
  • Tax Planning & Compliance
  • Audit & Assurance Services
  • Managed IT Services
  • Cybersecurity Consulting
  • Merger & Acquisition Consulting
  • Technology and vCIO Consulting
  • Business Valuation
  • Succession & Estate Planning
  • Wealth Management
  • Retirement Planning

Plastics Manufacturing in Wisconsin

WI Plastics ManufacturingThe Wisconsin plastics manufacturing community stands out as a cornerstone of the state's industrial sector, underpinned by a rich history of manufacturing excellence and a forward-looking approach to innovation and sustainability. Wisconsin is home to a robust network of plastics manufacturers ranging from small, specialized firms to large, internationally recognized companies. This community is renowned for its expertise in a wide array of plastics processing techniques including injection molding, extrusion and thermoforming. This expertise serves a diverse set of industries such as automotive, packaging, healthcare and consumer products.

The state's strategic location in the Midwest, combined with a highly skilled workforce and a strong tradition of craftsmanship and engineering provides a competitive edge to Wisconsin's plastics manufacturers. Wisconsin's technical colleges and universities collaborate closely with the industry to drive research in polymer science and engineering, ensuring a continuous pipeline of innovation and talent. The commitment of the Wisconsin plastics manufacturing community to environmental stewardship and recycling initiatives further demonstrates its role as a leader in the sustainable development of the plastics industry.

National Reach

We also provide services to plastics manufacturing companies in Arkansas (AR), California (CA), Georgia (GA), Illinois (IL), Indiana (IN), Kansas (KS), Ohio (OH), North Carolina (NC), Michigan (MI), Missouri (MO), Pennsylvania (PA), Texas (TX), and Wisconsin (WI).