The 7-Year Collapse of an SBA Acquisition

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Say what? Define injection molding for us and specifically what your business did.

Okay, so injection molding is a manufacturing process. You take liquid plastic and it's basically in what in effect is a, a huge hot glue gun. And then you shoot that molten plastic into a mold.

The mold is made out of metal. It sounds very simple, but it's actually very complex because it's like a, it's a machine. And each one of them is highly custom and highly engineered.

And so you shoot the liquid plastic into the mold, the mold cools down and then you get a hardened plastic part off of the mold. And the great thing about injection molding is that it's very high volume. So you think about, I don't know, every plastic car part.

A lot of it is injection molded. I'm looking at all the stuff on my desk right now, it's injection molded. So each one of these parts requires a tool or a mold.

All molds or tools, not all tools or molds. It's kind of maybe helpful for explaining tool and die. And it's like this big investment when you're developing a new product is when you tool it up.

You have to get this big expensive block of metal so that you can make things for pennies per piece.

You were basically looking around and saying almost everything that I see came from an injection mold. But there is plastic manufacturing that, that is manufactured in other ways.

Yeah, you can, you can, things can be blow molded, things can be machined. But when I think of high volume plastic manufacturing, it's injection molding. So I was a service provider into the injection mold, injection molding industry.