PE-backed Davalor recruits Puscas as CEO


Davalor Mold Corporation, a portfolio company of Blackford Capital, has named James Puscas as its new CEO. Previously, Puscas held leadership positions at Stanley Black & Decker, Cadence Innovation, ASC Inc and General Electric Plastics. Davalor is a maker of injection molded plastic products.

PRESS RELEASE

CHESTERFIELD TWP., Mich., Dec. 4, 2018 /PRNewswire/ — Davalor Mold Corporation (or “Davalor”), a portfolio company of Blackford Capital and a leading manufacturer of injection molded plastic products, is excited to announce James (Jim) Puscas as the new Chief Executive Officer.

Since acquiring Davalor Mold in July of 2016, Blackford Capital has driven continued growth and has supported the Company as it continues to build upon its reputation for custom manufacturing capabilities and exceptional customer service. Jim Puscas was brought on board in September of 2018 to lead Davalor and capitalize on growth opportunities within the plastics manufacturing industry.

Puscas joins Davalor with years of automotive industry experience with expertise in marketing strategy, sales, engineering, program management, product development, and operations. Prior to joining Davalor, Puscas held leadership roles at Stanley Black & Decker, Cadence Innovation, ASC, Inc., and General Electric Plastics.

“I am thrilled to be a part of the Davalor team and look forward to expanding the Company’s already well-established presence in the plastics manufacturing industry,” said Jim. “Since joining Davalor, I have been focused on improving margins through operational improvements; including, productivity and material savings.”

“Jim has hit the ground running, since joining Davalor in September,” said Martin Stein, Founder and Managing Director of Blackford Capital. “The industry and leadership experience Jim possess will greatly benefit Davalor’s growth strategy moving forward.”

About Davalor
Founded in 1979, Davalor Mold Corporation is a manufacturer and distributor of injection molded plastic products. Headquartered in Chesterfield, Michigan, Davalor offers a wide variety of molded plastic products found in OEM level automotive corporations, which are supplied by Tier 1 automotive suppliers. For more information, visit davalor.com.

About Blackford Capital
Founded in 2000, Blackford Capital is a private equity investment firm headquartered in Grand Rapids, Michigan. Blackford Capital makes majority control investments in founder and family-owned, lower middle-market manufacturing, distribution, and services companies. For more information, visit blackfordcapital.com.

Take your pick!

  • Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
  • VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.