Tessy investing $10 million in new plant, infrastructure

By Bill Bregar
Senior Staff Reporter

Published: July 30, 2014 4:57 pm ET
Updated: July 30, 2014 5:01 pm ET

Image By: Tessy Plastics Corp. Tessy Plastics Corp. will move its medical molding operations to a newly-purchased building in Skaneateles, N.Y., freeing up space in Elbridge, N.Y.

Related to this story

Topics Medical Consumer Products Injection Molding United States
Companies & Associations

Tessy Plastics Corp. continues to buy factory buildings in upstate New York — acquiring a 112,000-square-foot former Honeywell building in Skaneateles, N.Y., near its Elbridge headquarters, to house its medical operations.

The factory was built about 10 years ago, said President Roland Beck. “It’s just beautiful. It’s a really nice modern facility,” he said.

Tessy purchased the building on June 3. Beck said the company is investing about $10 million to buy the factory and add infrastructure. That includes a 22,000-square-foot Class 10,000 clean room.

Tessy will move 25 injection molding machines and 10 pieces of automation equipment from Elbridge to Skaneateles. Some new assembly equipment is being delivered in late August, Beck said.

Tessy needs more space for its molding and assembly work to make devices for minimally invasive surgery for Johnson & Johnson. About 100 medical production people will staff the operation, some moving from Elbridge, Beck said. There up to 60 different components in the surgical device, some molded by Tessy and some the company sources.

Tessy does the assembly.

Beck said Tessy got the medical project about eight years ago. The business grew quickly and now is spread over four different areas at the company, with molding in one plant and assembly in another. That limited the potential to expand medical. “So we thought it would be great to put it all under one roof,” he said.

“We never expected it to grow like this. It’s just taken off and grown and grown and become a significant part of our business,” Beck said. “This gives us more room in the future to grow that business.”

The new Skaneateles plastics factory also frees up space in Elbridge for another major market: molding and assembly of packaging for underarm deodorant. In 2010, Tessy built another factory in Elbridge to manufacture the deodorant packaging.

That same year, the company bought the former Syroco resin furniture factory in nearby Van Buren, N.Y., for warehouse space and a distribution center. Beck said that building now also handles assembly of the deodorant packages.

Beck said Tessy employs about 900 in upstate New York.

According to Plastics News’ most recent ranking data, Tessy Plastics is the 31st largest injection molding company in North America, with sales of $230 million.


Comments

Tessy investing $10 million in new plant, infrastructure

By Bill Bregar
Senior Staff Reporter

Published: July 30, 2014 4:57 pm ET
Updated: July 30, 2014 5:01 pm ET

Post Your Comments


Back to story


More stories

Image

Intertech Medical adding presses, people

March 23, 2015 3:28 pm ET

Colorado's Intertech Medical has added five new injection molding presses and expects to add up to another four machines to keep up with a growth in...    More

Image

Kumar left Wall Street to run thermoforming companies

March 18, 2015 6:00 am ET

Jay Kumar was working on Wall Street before he decided to invest in manufacturing, buying Universal Plastics Co. in 2012.    More

Image

PVC gets a spotlight at NPE for its role in saving lives

March 17, 2015 11:51 am ET

“Ripped from the headlines” is a phrase more associated with prime time television than trade shows. But it does apply to a special...    More

Image

Prosthetics makers see new technology adding to a strong market

March 16, 2015 1:01 pm ET

Emerging prosthetics technology is driving revenue at a handful of small businesses. While many patients can't afford the most cutting-edge...    More

Image

Injectable polymer may save lives

March 13, 2015 10:16 am ET

A new injectable polymer developed by researchers at the University of Washington in Seattle could help strengthen blood clots and save lives.    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