What is Riverside Plastics?
Established in 1969 along the Des Moines River in Bonaparte, Iowa, Riverside Plastics, Inc. began by addressing the escalating demand for injection-molded plastic components. The company now operates from a 70,000 square foot facility equipped with two molding rooms featuring presses ranging from 30 to 730 tons. Its modern, full-service toolroom enables rapid responses to client requirements. Riverside Plastics is committed to a foundational business philosophy: delivering superior quality and service at a competitive price, a principle that has guided its operations for decades.
How much funding has Riverside Plastics raised?
Riverside Plastics has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$720K
Debt (2020): $350K with participation from PPP
Debt (2021): $720K led by PPP
What's next for Riverside Plastics?
The recent major strategic investment signifies a pivotal moment for Riverside Plastics, likely enabling further expansion of its manufacturing capabilities and market reach. This capital injection is expected to fuel advancements in its injection-molding technology and potentially broaden its product offerings. The company's established operational base and commitment to quality position it for continued success and scaling within the competitive plastics manufacturing industry.
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