This January we celebrate 20 years since GM Nameplate (GMN) acquired its plastic division. In 1995, GMN bought Danegon Plastics, which became GMN Oregon and was eventually rebranded as GMN Plastics, the current business name.
Danegon Plastics was started in 1985 by Dan Thurmond, current GMN Plastics president, and Egon Steinborn. Before GMN bought Danegon Plastics, the business was run inside of a barn, two horse stalls, and two storage containers with a makeshift roof built in between. When this space had grown too small for the business, Thurmond purchased a large army tent to expand into. As the business grew, Danegon Plastics began to supply GMN with injection molded nameplates as a plastic injection molder. GMN bought Danegon Plastics 10 years after the business was started, in 1995, after working with the company for a year and a half. When GMN bought the business it was moved into a new facility where GMN Plastics currently resides today.
Danegon Plastics had been producing its own line of standard plastic lids for a variety of customers. As the marketplace changed to custom products Danegon Plastics needed to shift with the trend. Dan knew that Danegon Plastics had grown as much as it could on its own and by joining GMN, the business was able to expand to all that it is now. As Dan says, “a business can’t stay at the same level, it needs to grow and for us, GMN was the next big growth opportunity. It took us in a whole new direction. We had previously focused on plastic screw lids, and with GMN we began to focus on nameplates and branding.”
GMN had the resources that Danegon Plastics needed including a wide range of nameplate capabilities and key contacts in large US companies. Danegon Plastics had the plastic molding capabilities that GMN needed as well. By coming together, the two companies were able to grow together with complementary technologies. This shift helped GMN Plastics expand into other areas of plastic injection molding including plastic decorating, thermoforming, welding, and much more.
GMN Plastics has come a long way since it operated out of a storage facility in the 1980’s. Today, GMN Plastics is recognized as a leader in servicing highly regulated industries with comprehensive injection and compression molded products, sub-assemblies, highly decorated parts, and plastic machining. With a 60,000 square foot state-of-the-art facility, GMN Plastics serves the medical, automotive, aerospace, and industrial industries. After 20 years, we have grown to 150 employees and continue to expand year after year. At GMN Plastics we are proud of our history and continued growth.