Organized in 1961 under the name Magna-Tek, Inc., the firm changed its corporate name in 1966 to Moulded Products, Inc. In the past seven years this company has grown to the point where it is now one of the largest firms in the plastic industry using the new and fast growing rotational molding process. It is today one of the largest manufacturers of hobby horses and is rapidly gaining national identity for its excellent indoor and outdoor playground equipment and other large size toys, including juvenile furniture. In 1966 this company moved into a new building and ten acres adjacent to the new building have been purchased for future expansion. Moulded Products, Inc. provides employment for many and is headed by Richard A. Barr, who has served as Vice-President and President since 1961.