Magnum Venus Plastech ceases operations

Magnum Venus Plastech’s target is  to have R&D, manufacturing and technical service functions in one location that it decided to cease business operations of the Closed Mould Division in the UK.

In 2007, GSSC Inc. (d.b.a. Magnum Venus Plastech) purchased closed mould equipment manufacturer Plastech T.T. in the United Kingdom. Following the purchase, this wholly owned subsidiary became Magnum Venus Plastech Ltd (MVP Ltd), functioning as the Closed Mould Division.

But recession prompted MVP and its affiliates to make changes by consolidating operations in the United States. MVP will now provide all goods and services previously provided by MVP Ltd from the MVP Technology Center, in Kent, Washington, USA.