A New Hampshire company is investing about $1.5 million in a new facility to wash dirty and mixed recycled plastics. Poly Recovery LLC, of Portsmouth, expects the new facility to come on line next month and be able to process up to 30 million pounds each year.
In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.
Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.