Simmons Foods, the parent company, bought the property out of bankruptcy in 2009 for $2.6 million. Patio furniture maker Syroco Inc. was the seller. Syroco closed in June 2007.

In February, Atalys announced that it is tripling the size of its existing facility in the Dominican Republic from 15,000 to 47,000 square feet through the addition of a new 32,000-square-foot building. The company said that the new building will be dedicated to manual assembly with complementary injection molding, pad printing, tool repair, and warehousing. The existing facility will become the company's primary plastics processing site focused on cleanroom injection molding as well as secondary operations such as testing and packaging.

Simmons Pet Food Inc. of Siloam Springs sold the 58-acre property at 1700 E. Quarter Road to Store Master Funding XXXII LLC, an affiliate of Store Capital Corp. of Scottsdale, Ariz.

Metacycle, a custom plastic injection molding company, will use the Siloam Springs facility as its primary manufacturing facility.

Metacycle, a custom plastic injection molding company, will use the Siloam Springs facility at 1700 E. Quarter Road as its primary manufacturing facility.

“We are excited about what the future holds for our new Siloam Springs facility and thankful for all parties involved in making this acquisition happen,” Arcane managing partner and CEO Michael Hickmon said. “This acquisition will allow us to better serve our customers with a larger, more integrated, and more capable best-in-class facility.”

"Our acquisition of Schnipke was driven by a focused strategy to deepen our capabilities, capacity, and technical superiority across the entire manufacturing process for medical device components,” said Vinc Ellerbrock, president and CEO of Atalys. “The addition of Schnipke adds two manufacturing sites for scalable growth, broadens our geographic presence and reach, enables us to serve a wider array of customers, and significantly augments our technical capabilities,” said Ellerbrock.

Schnipke has tooling and plastic injection molding operations at its headquarters in Ottoville, OH, and operates a second manufacturing facility in Tucson, AZ. The company is FDA registered and is certified to ISO 13485:2016.

Plastics injection molder Atalys LLC announced yesterday that it has acquired Schnipke Engraving Co. LLC. Both companies provide injection molding and related services to medical device OEMs. Atalys, based in Rochester, NY, said the acquisition will enhance its manufacturing capabilities, technology, and geographical footprint.

Editor in chief of PlasticsToday since 2015, Norbert Sparrow has more than 30 years of editorial experience in business-to-business media. He studied journalism at the Centre Universitaire d'Etudes du Journalisme in Strasbourg, France, where he earned a master's degree.

In addition to its headquarters in Rochester, Atalys has manufacturing facilities in Asheboro, NC, and the Dominican Republic. The New York and North Carolina plants have multiple Class 8 cleanrooms for molding and assembly on site; the Santo Domingo site in the Dominican Republic offers cleanroom assembly and automation. The company said it adheres to scientific molding principles and is equipped with presses ranging in size from “near micro molding” to 1,400 tons.

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Store Capital has entered into a 20-year lease agreement with Metacycle LLC, an affiliate of Little Rock-based Arcane Capital Partners, a privately held investment firm.

Earlier this week, another medical injection molder made news when Total Molding Services announced that it has been acquired by Haartz Family Holdings, changing its name to Moldgenix in the process.

A 386,416-square-foot industrial building in Siloam Springs changed hands recently for $16.3 million. The purchase price equals $42.18 per square foot.

Marshall Saviers from Cushman & Wakefield/ Sage Partners in Rogers represented Simmons Pet Food. Ted Dickey from Lighthouse Asset Advisors in Litte Rock represented Arcane Capital Partners.

Founded in 1967, Schnipke has established a reputation for building tools in-house and designing and engineering molds that meet the medical device industry's stringent requirements for precision at extremely tight tolerances, said the news release. The company claims on its website that it can mold within tolerances of +/-0.001 inches and as small as 0.02 grams in weight. Even smaller dimensions can be accommodated upon customer request.