Tekni-Plex expanding Flemington, N.J., plant

By Frank Esposito
Senior Staff Reporter

Published: November 27, 2012 6:00 am ET

Related to this story

Topics Packaging, Film & Sheet

KING OF PRUSSIA, PA. (Nov. 27, 3:30 p.m. ET) — Tekni-Plex Inc. will spend $9 million to upgrade and expand its packaging plant in Flemington, N.J.

The project will take 18 months to complete and will enhance technology and increase capacity at the plant, officials with King of Prussia, Pa.-based Tekni-Plex said in a Nov. 27 news release. The plant makes multi-layer flexible packaging structures for heat-seal and pressure-sensitive closure liners.

Those structures and liners are used in several markets, including pharmaceutical, cosmetic and automotive. The plant also makes lidding foils for pharmaceutical blister packs and medical device packaging and pouch materials for the pharmaceutical market.

Manufacturing work done at the Flemington site includes extrusion, dry bond lamination, coating, slitting and printing. Most plastic products made at the plant are based on PET or polyethylene. Products based on aluminum, paper and cardboard also are produced there.

The expansion will include buying and installing new machinery, a company representative said, but will not require a physical expansion of the 140,000 square-foot plant. The project also is expected to create new jobs at the 60-employee plant, but an exact number was unavailable.

“We expect the work force to grow as the business grows,” the representative said.

Expanding the plant “enhances our ability to meet the needs of our expanding customer base with high-quality, competitively-prices products,” flexibles division vice president and general manager David Andrulonis said in the release.

Tekni-Plex consists of nine companies the firm has acquired over its 45-year history. Other products made by the firm include PVC garden hose (made by Swan Hose) and PVC compounds (made by Colorite Compounds). The Colorite business grew earlier this year when it installed a new American Kuhne-brand medical extrusion line at its plant in Belfast, Northern Ireland. The new line will be used to make PVC compounds for the medical market.

Tekni-Plex reported annual sales of about $655 million for the year ended June 30, an increase of more than 5 percent from the previous 12-month period. Since 2008, Tekni-Plex has been majority-owned by investment firms Oaktree Capital Management LP of Los Angeles and Avenue Capital Group of New York.


Comments

Tekni-Plex expanding Flemington, N.J., plant

By Frank Esposito
Senior Staff Reporter

Published: November 27, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Packaging award winners highlight collaboration and security

May 17, 2013 9:06 am ET

WILMINGTON, DEL. — In remote villages in sub-Saharan Africa, medicine can be hard to find, while Coca-Cola is virtually everywhere. So ColaLife,...    More

European packaging associations highlight sourcing problems

May 17, 2013 9:46 am ET

BAD HOMBURG, GERMANY — Two European packaging associations — France's Elipso and Germany-based IK Industrievereinigung...    More

Waddington set to buy Canadian thermoformer Par-Pak

May 16, 2013 2:08 pm ET

BRAMPTON, ONTARIO -- Canada-based thermoformed packaging company Par-Pak Ltd. is slated to be bought by Waddington North America Inc., a major...    More

Bonset adding PET shrink film line in Uruguay

May 16, 2013 12:06 pm ET

CANELONES, URUGUAY — Bonset Latin America SA plans to install a new production line for glycol-modified shrinkable film at its plant in...    More

Filmquest shows off new products

May 14, 2013 1:40 pm ET

ORLANDO, FLA. — Filmquest Group Inc., a Bolingbrook, Ill.-based converter of polyester, nylon, polypropylene and polylactic acid films, introduc...    More

Upcoming Plastics News Events

June 4, 2013 - June 5, 2013Workforce Solutions West 2013

September 17, 2013 - September 18, 2013Plastics Caps & Closures 2013

November 12, 2013 - November 14, 2013Plastics Building Innovations 2013 Conference

More Events

Market Reports

Automotive Market Review and Outlook 2013 - North America

Plastics News' experts analyze North American automotive sector performance and prospects for future growth. View analysis of automobile manufacturers operating in the region as well as plastics processors that support the sector. Get perspectives from industry thought leaders on trends, product design, and the market outlook.

Learn more

Plastics News Thermoformers 2013 (Full Ranking)

Access data on 224 thermoformers including sales, throughput, number of presses, end markets served, materials processed, and plant locations.

Learn more