Erik Paulsen visits Diversified Plastics, Inc. as part of a tax reform listening tour to small businesses

Rep Erik Paulsen Visit
Erik Paulsen Visit

MINNEAPOLIS—Congressman Erik Paulsen (MN-03) recently visited Diversified Plastics, Inc., a custom plastic-injection molder of high-precision thermoplastic components, as part of a small-business tax reform listening tour. The objective of the visit was to learn firsthand how tax reform can help Minnesota businesses and families.

“The research and development (R&D) tax credit provides a savings to companies that require tooling for new products,” says Roger Vang, chief

financial officer at Diversified Plastics. “This helps companies be more competitive in the United States, keeping manufacturing business from being sent overseas. In addition, tax credits make additional resources available for businesses to buy more equipment and hire more employees.”

An employee stock ownership plan (ESOP) company, Diversified Plastics offered unique insight on tax reform. Annette Lund, vice president of Diversified Plastics, led Paulsen and others on a tour of the company’s facility where they had an opportunity to speak with employee-owners. A supporter of ESOP companies, the congressman was referred to Diversified Plastics by North Hennepin Area Chamber of Commerce.

Videos from the visit are available on the Diversified Plastics, Inc. website at www.divplast.com.

CXX Media Coverage of Rep. Paulsen’s Visit to Diversified Plastics

CXX Media Coverage of Rep. Paulsen’s Visit to Diversified Plastics

Congressman Erik Paulsen Visits Diversified Plastics, Inc.

Congressman Erik Paulsen visits with Roger Vang, CFO of Diversified Plastics, Inc. to discuss tax reform and what it means to businesses in the United States. Paulsen and Vang also discussed the advantages of Diversified Plastics employee owners through their employee stock ownership plan (ESOP) program.

Diversified Plastics, Inc. Featured in Brooklyn Park Video

Diversified Plastics, Inc. Featured in Brooklyn Park Video. Diversified Plastics is Part of the Brooklyn Park Business Community. #MakeItHere

Diversified Plastics, Inc. wins Best In Class – Mid-size company of the 2017 Minnesota Manufacturing Awards

MN business award

MINNEAPOLIS—Diversified Plastics, Inc., a custom plastic-injection molder of high-precision thermoplastic components, was recognized as the winner of the Best In Class – Mid-size category for the 2017 Minnesota Manufacturing Awards. Finalists and award recipients were announced at a ceremony on September 28, 2017.

“As this is our 40th year in business, it’s an honor to be acknowledged with this award among other outstanding Minnesota-based manufacturing companies,” says Annette Lund, vice president of Diversified Plastics, Inc. “Our exceptional employees are one reason that Diversified Plastics is sought by medical device, aerospace, filtration and other companies to provide superior molding services and quality thermoplastic components.”

Diversified Plastics has over 75 employees, including seven of the original team of 13. An employee stock-ownership plan (ESOP) company, Diversified Plastics excels with difficult projects and works with customers providing design assistance, prototypes, intricate molding and cleanroom assembly.  Diversified Plastics keeps up with technology by upgrading machines with more energy-efficient equipment and robotics that offer greater productivity and better control of the molding process.

Precision thermoplastic parts manufactured by Diversified Plastics, Inc. can be found in NASA’s Juno Probe instruments, medical devices, lithium-ion batteries, dental X-ray machines, and many other applications. The company and its employees are committed to giving back to the community and being good stewards of the planet.

Minnesota manufacturers account for 322,000 jobs and 16 percent of Minnesota’s GDP. Each year, Minnesota Business magazine recognizes the outstanding achievements of the manufacturing industry and its leaders. Nominations for the 2017 Minnesota Manufacturing Awards were collected over a two-month period and reviewed by an external panel of judges consisting of industry experts. Other award recipients include Uponor for Best In Class Large company and HydraFlex for Best New Product Design.

Diversified Plastics, Inc. appoints Kevin G. Hogan as CEO

Kevin G Hogan

MINNEAPOLIS—Diversified Plastics, Inc., a custom plastic-injection molder of high-precision thermoplastic components, has announced the appointment of Kevin G. Hogan as chief executive officer (CEO). Hogan succeeds James Dow, founder and previous CEO of Diversified Plastics. Retiring in October 2017, Dow will continue to serve as chairman of the board. The company was sold to the employees in 2011 through an employee stock ownership plan (ESOP).

During Hogan’s three and a half decades of experience, he developed an outstanding track record of driving revenue growth, returning businesses to profitability, establishing strategic partnerships, and integrating acquired companies. Prior to Diversified Plastics, Hogan held the position of growth catalyst with Vuelta Management, an interim management and consulting services company in Saint Paul, Minn. He also served as president at Stylmark, a leading manufacturer of architectural products and an ESOP company, in Fridley, Minn. Additionally, he has held executive positions in a variety of public and private companies. Hogan received his undergraduate degree from Hamline University, Saint Paul, Minn., and his Master of Business Administration (MBA) degree from the University of Minnesota’s Carlson School of Management, Minneapolis.

“We are pleased that Kevin has stepped into this role,” says Annette Lund, vice president of Diversified Plastics, Inc. “Having worked at an ESOP previously, Kevin is an excellent fit with our corporate culture of collaboration, trust and integrity. His experience with manufacturing and strategic planning will be instrumental in our company’s growth initiative.”

Diversified Plastics Featured in Built in Brooklyn Park Video

Diversified Plastics, Inc. featured in video for new ad campaign called, “Built in Brooklyn Park”. The campaign will focus on manufacturing and products made in Brooklyn Park. Its intent is to encourage economic growth in the area.

Parts Manufactured by Diversified Plastics, Inc. Get Closer to Jupiter’s Giant Storm

Juno SpacecraftComponents manufactured by Diversified Plastics, Inc. are contained in an instrument on the Juno Spacecraft that is orbiting Jupiter. This spacecraft and its instruments are the closest human-built objects to travel past the biggest storm in our solar system, known as the Great Red Spot.

NASA recently posted the closest images that have ever been taken of the Great Red Spot. Captured from the Juno Spacecraft, these images are allowing scientists to learn more about the gigantic storm with winds peaking around 400 mph. The Great Red Spot is double the width of Earth. A detailed study using Juno’s other instruments will be conducted to gather more information about the storm.

Jupiter's Great Red Spot

Image Credit: NASA/JPL-Caltech/SwRI/MSSS/Gerald Eichstädt

The Jovian Auroral Distribution Experiment (JADE) instrument is one of the instruments that the spacecraft is carrying. JADE contains three parts manufactured by Diversified Plastics, Inc. Engineered by a nationally recognized independent research and development laboratory, the JADE sensor is being used to measure electrons and ions that produce Jupiter’s strong aurora. Learn more about the parts that Diversified Plastics manufactured for JADE.

 

Mike Bartell’s 150-Mile Bike MS Cycling Journey in Inclement Weather

Bartell Bike MS Cycling Journey Benefiting the National MS Society, Bike MS is a two-day, 150-mile cycling journey. Mike Bartell, his neighbor and neighbor’s son were among the more than 3,000 cyclists that rode from Duluth to the Twin Cities on June 10th and 11th.

“This is my fourth Bike MS ride. Training for the event is critical,” explains Mike. “I started in the spring – first biking 10 miles, and increasing the rides to 30 miles. Ideally, on weekends a person training for this event will cycle 40 or 50 miles. Unfortunately, weather didn’t cooperate and I only finished one 38-mile training ride. The last route started in Maple Grove, went around the lakes, and back to Maple Grove. This year I got in 280 miles of training. In previous years, I completed nearly 450 miles or more of training.”

Initially, Mike participated in Bike MS for the adventure. He also knows several people, including a very close friend, that have MS. He raised over three-hundred dollars prior to Bike MS 2017.

The adventure began with a shuttle to Proctor, Minnesota, near Duluth, on Friday June 9th. Once in Proctor, participants settled in for the night. Some cyclists booked hotel rooms well in advance. Others camped or stayed in the gymnasium at the local high school. Mike and his team opted for the gym, where many slept on a hard floor in sleeping bags surrounded by loud snoring cyclists. After an insufficient night of rest, the group was shuttled to the starting line.

Weather conditions on Saturday started out cool. As it became warmer, the headwinds increased. Participants stopped every 10 to 15 miles for a rest, food, refreshments and to replenish their water bottles. There were five or six rest stops on each day.

When Mike and his friends rode into Hinckley, temperatures had climbed to 86 degrees Fahrenheit. And the winds increased to approximately 20 miles per hour with significantly higher gusts. Team Bartell, set up tents in Hinckley near the Casino. While food was provided in the camping area, Mike, his neighbor and neighbor’s son went into the casino for some welcome air conditioning and a hearty meal.

Sunday started out cool and the wind had died down overnight. However, the radar showed storms developing over the Bike MS route. At the second rest stop, it began to rain. Mike and his group put on rain gear and continued the ride. The cyclists were greeted in Rush City by a patrolman that directed participants up the street to a church basement, where they waited out the storm. Just as the group started for the church a big wall cloud formed, the lightning began, and the rain and wind increased.

Some of the cyclists were exposed to the downpour and pea-sized hail before they reached Rush City. Participants that hadn’t left the rest stop in Pine City were told that the remainder of the race was canceled and were bused home. Mike and his team remained in the basement shelter for an hour and a half. After the storm cleared, they were notified that transportation was available for those that wanted to leave. Cyclists that wanted to finish the ride were told to proceed with caution because of downed trees and debris from the storm.

“A lot of people quit,” says Mike. “About 60 percent decided to head home. It was very windy and cold. We decided to not give up and kept going. We were met with strong shifting wind that eventually moved to the south making for a powerful headwind.”

Mike and his group finished on Sunday at approximately 3:40 pm. While he plans to ride in Bike MS again, Mike is not going to participate next year. When he wears the t-shirt from the event, several people that have or know someone with MS stop and thank him for participating.

Diversified Plastics, Inc. finalist, Best in Class – Mid-size for the Minnesota Business Manufacturing Awards

Diversified Plastics, Inc. has been named as a finalist in the Best in Class – Mid-size category for the 2017 Minnesota Business Manufacturing Awards. Winners in each category will be announced at the awards gala to be held on Sept. 28, 2017.

Manufacturing Award