Uretech adds line for high-volume RIM
TOLEDO, OHIO—Uretech International Inc. started operating a new, high-volume reaction injection molding line for self-skinning foam products in mid-May.
The company now has two high-volume lines. It has added 32 employees for a total of 130.
The polyurethane products will allow the company to expand into new industries and markets. The products will be targeted at the office furniture and equipment markets.
The self-skinning foam process, which includes the development of new urethane formulations and pouring equipment, will allow production of a multitude of products consecutively, without the downtime normally associated with color and part design changes, according to the company.
Uretech also has developed the capability of producing formulations of varied colors from shot to shot from its reaction injection molding equipment.
The company has annual sales of $12 million, but a spokesman would not give the cost of the expansion.
Insituform moves headquarters to Mo.
MEMPHIS—Insituform Technologies Inc. is moving its Memphis headquarters to Chesterfield, Mo., a suburb of St. Louis, to stop duplication in work.
Chesterfield is already home to its North American contracting headquarters and engineering and development center, which will move into a new building.
The move will be completed by the end of this year to a building where it will be the first tenant, according to Anthony W. Hooper, president and chief executive officer.
Affholder Inc., an Insituform subsidiary, also will move to that location. Affholder is responsible for tunneling and is the main operations base for the central region of Insituform's domestic pipe rehabilitation operations.
The Insituform repair process does not require digging. The company installs a tube saturated in liquid thermoset resin in the old pipe. Hot water is pumped through and causes the pipe to set in place.
The move, which will eliminate 20 positions in different areas, will cost just under $3 million and bring 55 new jobs to the St. Louis area.