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Plastic Moldings Company (PMC)
Plastic Moldings Company (PMC) operates as a precision injection molding manufacturer for the automotive and medical-device industries, with the PMC Pension...
Plastic Moldings Company (PMC)
Plastic Moldings Company (PMC) operates as a precision injection molding manufacturer for the automotive and medical-device industries, with the PMC Pension Trust serving as the retirement plan for the firm's manufacturing workforce. The company was founded by Thom Gerdes, who serves as President and CEO, overseeing an enterprise headquartered in Blue Ash, Ohio, with a core manufacturing facility in Shelbyville, Indiana. The firm's wealth originates from decades of supplying high-tolerance plastic components to the North American automotive supply chain. The PMC Pension Trust manages the retirement assets of the company's employees. While the trust's specific allocation is not publicly disclosed, pension plans of this type typically span public equities, fixed income, and private-market commitments. PMC's manufacturing operations run through PMC SMART Solutions, an entity now led by Lisa Jennings, Gerdes' daughter, who serves as its President and CEO. The parent company's facility at 1451 S. Miller Avenue in Shelbyville, Indiana, houses core manufacturing equipment, underscoring the hard-asset intensity that anchors the pension liability. Thom Gerdes maintains membership in the Cincinnati Regional Business Committee, tying PMC into the regional industrial-policy and manufacturing-advocacy network. The company is also a partner of REDI Cincinnati, the regional economic-development initiative, signaling an active posture within the southwestern Ohio manufacturing ecosystem. The family's philanthropic vehicle, the Lu and Thom Gerdes Family Fund, operates alongside the pension trust as a distinct structure. Brad Gerdes, who served as EVP and COO, passed away in 2023. PMC's architecture is structurally distinct from most U.S. pension funds: the plan sponsor is not a state or municipality, but a family-controlled operating business. This collapses the typical distance between corporate treasury, pension committee, and family governance into a single room — an unusual alignment of investment decision-making with the operating P&L that funds the retirement pool.
General information
Firm type
Pension Fund
Location
Region
North America
Country
United States
City
Blue Ash
Corporate office
9825 Kenwood Road, Suite 302, Blue Ash, OH 45242, United States
Additional offices
Shelbyville, IN, United States
Principals
Thom Gerdes
President and CEO of Plastic Moldings Company
Lisa Jennings
President and CEO of PMC SMART Solutions LLC
Sector focus
Frequently asked questions
Who governs the PMC Pension Trust and how is it separated from the operating business?
The trust is tied to the corporate entity Plastic Moldings Company, with Thom Gerdes as President and CEO of the sponsoring firm. Corporate pension trusts in the U.S. are legally separate entities governed by ERISA, with fiduciary duties distinct from the operating company's management — though the overlap in named personnel is common in single-sponsor plans of this size.
What is the relationship between Plastic Moldings Company and PMC SMART Solutions?
PMC SMART Solutions is the operating entity that delivers the company's manufacturing services. Lisa Jennings, daughter of founder Thom Gerdes, serves as its President and CEO, representing a second-generation leadership transition within the family-controlled group.
How does the pension trust's investment posture relate to the underlying manufacturing business?
The trust's liabilities are directly tied to the manufacturing workforce at the Shelbyville, Indiana facility. While the trust's specific allocation is not publicly disclosed, single-sponsor corporate plans of this profile typically balance return-seeking assets with liability-matching fixed income to fund defined-benefit obligations tied to industrial wages.
Is PMC affiliated with any regional economic-development or policy networks?
Yes. Thom Gerdes is a member of the Cincinnati Regional Business Committee, a regional CEO-level policy group. PMC SMART Solutions is also a partner of REDI Cincinnati, the tri-state economic-development initiative focused on business attraction and retention in the region.
Does the Gerdes family maintain philanthropic structures separate from the pension trust?
The Lu and Thom Gerdes Family Fund operates as the family's philanthropic vehicle. It is a distinct entity from the PMC Pension Trust, which is exclusively a retirement funding mechanism for the company's employees.
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