Atlantis Plastics

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Atlantis Plastics, Inc.
Company type
Atlanta, Georgia
Key people
Bud Philbrook (CEO)
Number of employees
1,381

Atlantis Plastics, Inc. is an American company which manufactures specialty

extruded plastic components used in a variety of industrial and consumer applications.[1] It had 1,381 employees as of December 31, 2006.[2]

History

Atlantis was founded in 1984 as a

Atlanta, Georgia and has facilities in fifteen locations within ten U.S. states (Arkansas, California, Georgia, Indiana, Kentucky, Michigan, Minnesota, Oklahoma, Tennessee, and Texas).[4]
Atlantis has three business segments:
Plastics Extrusion used in products such as residential siding.[5] The corporation earned $43.6 million in 2005 and $29.0 million in 2006, on sales of $424.3 and $418.7 million, respectively. The downturn was attributed to the slump in the housing sector.[2]

In 2008, Atlantis Plastics agreed to delist from

Pink Sheets following disclosure that the company was not in compliance with the minimum bid price requirement.[6]

Shooting

Main article: Atlantis Plastics shooting

On June 25, 2008 at the 160-employee[7] injection molding manufacturing facility in Henderson, Kentucky, six workers were killed and another was injured in a workplace shooting.[8] Among the dead was the gunman, who reportedly retrieved the gun from his car after getting into a dispute with a co-worker and being told to go home by supervisor. The gunman shot the supervisor then opened fire in a break room, and ended the shooting spree by killing himself.[9]

References

  1. ^ "Atlantis Plastics". Atlantis Plastics, Inc. Retrieved 2008-06-25.
  2. ^ a b "Atlantis Plastics 2006 Annual Report" (PDF). Atlantis Plastics, Inc. Retrieved 2008-06-25.
  3. ^ Green, Leslie (2000-12-18). "Trivest Expands Atlantis Plastics". BuyOuts.
  4. ^ "Atlantis Plastics Facility Locations". Atlantis Plastics, Inc. Retrieved 2008-06-25.
  5. ^ "About Atlantis Plastics". Atlantis Plastics, Inc. Retrieved 2008-06-25.
  6. ^ "Atlantis Plastics to delist shares from NASDAQ". Forbes. 2008-03-07. Archived from the original on October 3, 2008.
  7. ^ Ebbitt, Michelle (2008-06-25). "Company News" (PDF). Atlantis Plastics press releases. Atlantis Plastics, Inc. Retrieved 2008-06-30.
  8. ^ Bowley, Graham (2008-06-25). "5 Killed in Kentucky Plant Shooting". nytimes.com. The New York Times Company. Retrieved 2008-06-25.
  9. Courier-Journal
    .
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