Venture Plastics Inc. Celebrates 50th Anniversary with Open House and Presentation of Key to City to Founder Ken Groff
“It continues to amaze me that I am an owner of a successful custom injection molding company that has thrived for 50 years,” stated Ken Groff. “I got my start in the late 1950s in the estimating department of a producer of rubber and plastic parts. In 1969, I had the opportunity to launch a company to mold a clothes steamer for a specific customer and I jumped for it. However, this project was full of challenges that almost closed our company for good. Luckily, I found a way out and swore I would never let my company become dependent on a single project ever again. I know this is the biggest reason we are standing in this first-rate plastics molding plant today 50 years later.”
Groff said he believes his company has survived by ensuring the company lives by these five simple rules:
-Never, ever, be satisfied with where you are or what you've achieved.
-Take advantage of opportunities and problems.
-Be fair and honest to earn the trust of your employees and customers.
-Never stop looking for ways to separate yourself from competitors.
-Choose your customers wisely.
Venture Plastics, Inc.
P.O. Box 249
4000 Warren Road
Newton Falls, Ohio 44444
Today, Venture Plastics operates a Newton Falls plant comprised of a total of 92,000 square feet across three facilities, with 50,000 square feet dedicated to molding, 25,000 square feet for warehousing and the rest for engineering. There is also a 60,000 square foot molding operation in El Paso, Texas. Both ISO-IATF 16949 facilities contain a wide range of injection molding machines ranging from 55 tons to 1,440 tons. They serve a diversified customer base in the industrial-consumer, appliance, truck-agriculture, automotive, fuel delivery and communications industries.
In addition, the company provides customers with many secondary value-add services such as engineering and project management support, over-molding, insert molding, decorating, plating, assembly, welding, plus expertise in a wide variety of engineered grade materials.
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