Ohio molder Thogus moves across street

By Roger Renstrom
Correspondent

Published: April 10, 2006 6:00 am ET

Related to this story

Topics In Print
Companies & Associations

By midsummer, custom injection molder Thogus Products Co. intends to move across the street into new quarters in Avon Lake, Ohio.

Thogus is investing more than $4 million to buy 40 acres and construct and outfit a 75,000-square-foot facility with a movable back wall for expansion, said Matt Hlavin, vice president of sales. Construction started in October, and officials expect to move from their 56,000-square-foot site around the end of July.

``We have been growing at a 25 percent to 30 percent clip over three years,'' Hlavin said. ``We are up 42 percent for the first three months'' of 2006. Much of the growth involves converting parts from metal to plastic.

Diversification has reduced Thogus' reliance on automotive products and the company's initial product line of proprietary plastic tube fittings, adapters, elbows, tees and connectors. Automotive accounted for one-half of the business in 1997.

Now, Thogus is growing in medical, industrial and heavy-truck markets with no single niche accounting for more than 10 percent of the business. In addition, Thogus focuses on small-batch jobs using engineering thermoplastics and avoids high-volume runs using commodity resins.

Working with smaller batches brings a need for more setups per shift. ``We may change over three times a day,'' Hlavin said.

Thogus employs 75, operates 31 Nissei and Toshiba presses with 25-400 tons of clamping force and had 2005 sales of $12 million, up from the previous year's $10 million.

Thogus said it may acquire as many as six injection molding presses this year. Three may replace existing units.

Hlavin represents the company's third generation of family management. His mother, Kathleen Hlavin, is Thogus president and a co-owner with her mother, Helen Thompson. Thogus Products started operating in 1958.


Comments

Ohio molder Thogus moves across street

By Roger Renstrom
Correspondent

Published: April 10, 2006 6:00 am ET

Post Your Comments


Back to story

Market Reports

Trends in Resin Distribution

The growth of the North American resin distribution market is undeniable - and industry analysts are confident that growth will continue in 2015 and beyond.

This new report analyzes market trends and provides data on historical sales trends for PE (distribution and resellers), PolyOne Distribution figures, U.S. ethylene expansions based on shale gas and natural gas production by category to 2035.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events