PURETEC RESUMES WORK AFTER FLOODING SUBSIDES

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RIDGEFIELD, N.J. — Early January floods have receded from PureTec Corp.'s Sparks, Nev., plant and operations are once more at full production.

``A couple of feet of water was standing throughout the plant,'' said spokesman William Walkowiak. ``Some inventory was ruined and the machines had to be cleaned. It was very dirty water.''

As soon as the cleanup began, production moved forward in increments and was up to full speed the second week of February. At 250,000 square feet and 140 employees, the Sparks plant is one of PureTec's largest. It is part of the Colorite Plastics and Colorite Polymers division.

The Ridgefield-based firm does PVC compounding and also extrudes garden hose and vinyl products at the plant, which it currently is upgrading to make medical-grade compounds.

``The fact is that no customer shipments were missed, and no customers were inconvenienced by this natural disaster,'' Colorite Plastics President Matt Drozdoff said in a news release. ``Our manufacturing diversity gives PureTec companies a strong competitive advantage and this proved it.''

``We do not have final settlement of the claims yet, but the impact on the company's results should be limited to the cost of the insurance deductibles, which will be in the range of $400,000,'' said PureTec's chief financial officer, Tom Gilboy.

PureTec employs about 2,000 and operates 22 plants worldwide.