Gordon B.

Lankton

Inducted 2000

Share:

Gordon Lankton is an example of a true American business success story, building on of the largest international plastics manufacturing companies from a small start-up company. With borrowed funds, he purchased 50% of the then relatively modest Nypro Products Corporation in 1962. At that time, the company had sales of $600,000. Seven years later, he purchased the rest of the company, and became its President and CEO.

In the years to follow, Nypro sales reached nearly a billion dollars, with a dozen plants in the United States, and manufacturing facilities in Puerto Rico, the Dominican Republic, Ireland, Wales, Germany, Russia, China, India, and Singapore along with newer plants in Mexico, Shanghai, and the Philippines. Shortly after joining Nypro, Gordon instituted an Employee Stock Option Plan (ESOP), and in 1998, sold most of his stock to the plan, enabling 500 employees to participate in ownership of the company. Gordon, also founded the Nypro Institute in Clinton Massachusetts, a plastics educational institute, designed to train both Nypro, and employees from other corporation in areas related to plastics manufacturing (primarily injection molding) and plastics materials. The courses are taught both on site and on-line.

Gordon is also a philanthropist. Besides donating his personal money, Gordon was instrumental in securing other corporate funding for the National Plastics Center and Museum, and chaired their Board of Directors. He has been named the International Business Person of the Year by both the Society of the Plastics Industry (SPI, now PLASTICS), and the Society of Plastics Engineers. After his retirement from Nypro, Gordon founded the Museum of Russian Icons, in Clinton, Massachusetts, thought to have the largest collection of Russian Icons outside of Russia.

Areas of Expertise:

Plastic management, Plastics processing

More Plastics Hall of Fame Members

View More