Ironwood Plastics was founded in 1979 by Gordon K. Stephens. Originally from the Upper Peninsula of Michigan, Mr. Stephens spent 27 years at a precision tooling company in Detroit, Michigan and another three years as Tooling Division Manager at Phillips Plastics in Phillips, Wisconsin.
In 1999, Gordon retired and the company was run by his three sons. In 2010, the brothers sold the company to CTB, a division of Berkshire Hathaway. January 1, 2013 Mark Stephens assumed responsibility for a global business unit within CTB and Rick Faustich became President of Ironwood Plastics.
The company built its reputation on performing the most difficult projects in the industry with an emphasis on insert molding and engineered materials.
Our two state-of-the-art facilities deliver the highest quality custom injection molded products that meet your unique specifications.
- Ironwood, Michigan: 60,000 square feet with 5,000 square foot "white room", air conditioned
- Two Rivers, Wisconsin facility: 25,000 square feet, air conditioned
- Annual sales over $30 Million. Owned by CTB Inc, A Berkshire Hathaway Company since 2010.
Rick Faustich- President
Overall leadership of Ironwood and Two Rivers occupies most of Rick's time. He joined IWP in 2000 with a sales, manufacturing and general management background. Rick holds a degree in Industrial Management from Purdue University and earned an MBA from Marquette University in 1988. Rick is married with two daughters and one son. He enjoys cooking, numerous sports and exercising.