Technical Process and Engineering expanding in Pennsylvania

By Bill Bregar
Senior Staff Reporter

Published: July 3, 2013 4:03 pm ET
Updated: July 3, 2013 4:04 pm ET

Related to this story

Topics Machinery
Companies & Associations

Technical Process and Engineering Inc., a manufacturer of continuous mixers and compounding extruders, will invest $1.6 million to add 6,000 square feet to its 22,000-square-foot plant, nearly doubling its workforce in Lehighton, Pa., near Allentown.

Pennsylvania Gov. Tom Corbett announced the news July 2. The machinery maker will create 16 news jobs and retain its current 18 jobs. The company also will add equipment.

TPEI CEO Harold Schafer said the company has already added five new employees.

Technical Process and Engineering makes twin-screw continuous mixers that feed its single-screw compounding extruders. Schafer said the turnkey production lines are used for making highly filled color concentrates, additives and other materials.

Slate Altenburg, after an 11-year career with a major custom compounder, founded TPEI in 1979 to provide spare parts. TPEI expanded to build continuous mixers, developing its first line of mixers in 1985.

“In 1985, TPEI, working with the newly formed Carbon County Development Corp., received its first Pennsylvania Industrial Development Authority loan and turned what was a burned-out barn into a world-class manufacturer of capital equipment for the rubber and plastics industries.”

TPEI received funding from the Pennsylvania Department of Community and Economic Development, including a 10-year loan of $340,000 at 1.5 percent interest from the Machinery and Equipment Loan Fund, a $30,000 Pennsylvania First Program grant, $32,000 in job creation tax credits and a $7,200 training grant for its new employees.

The Governor’s Action Team, a group of economic professionals who work with business considering expanding or locating in Pennsylvania, worked with the Carbon County Economic Development board.

Schafer said the company’s export business has been growing, especially to Indonesia, Thailand and Malaysia.

 


Comments

Technical Process and Engineering expanding in Pennsylvania

By Bill Bregar
Senior Staff Reporter

Published: July 3, 2013 4:03 pm ET
Updated: July 3, 2013 4:04 pm ET

Post Your Comments


Back to story


More stories

Image

Niigata sells all 3 injection molding machines shown at NPE 2015

March 31, 2015 2:53 pm ET

Niigata sold all three injection molding machines displayed at its booth during NPE 2015 — and many more than that, officials said.    More

Image

Jinming's millennial leader pushes for international growth

March 31, 2015 1:12 pm ET

The 29-year-old new general manager of Guangdong Jinming Machinery Co. Ltd. combines a global vision and mindset, partly from his Western education,...    More

Image

Wittmann Battenfeld robots rev up for NPE demonstration

March 31, 2015 11:44 am ET

What if robots ran a NASCAR pit crew? The answer to that question was on display at Wittmann Battenfeld Inc.'s exhibit at NPE 2015.    More

Image

Uponor sells plastic pipe machinery business to focus on core units

March 30, 2015 2:13 pm ET

Uponor Corp., the Finland-based maker of plastic pipe systems for plumbing, underfloor heating and cooling and infrastructure, announced March 30...    More

Image

Haitian aims to revolutionize US molders' purchase process

March 27, 2015 9:00 am ET

Haitian International Holdings Ltd. (Booth W3683) is introducing new machines to North American molders with four presses on display at its large boot...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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