Venture Plastics adds 720-ton press

By Michael Lauzon
Correspondent

Published: August 20, 2014 2:03 pm ET
Updated: August 20, 2014 2:06 pm ET

Image By: Venture Plastics Inc. Venture Plastics Inc. added a 720-ton press and an overhead crane to its El Paso, Texas, facility.

Related to this story

Topics United States Injection Molding
Companies & Associations

Venture Plastics Inc. expanded its El Paso, Texas, custom molding facility in early summer to grow sales.

The operation, called Southwest Venture Plastics, added a 720-ton injection press and an overhead crane to boost productivity.

“We have increased business and new customers so we needed more capacity,” said Venture vice president of sales and marketing Bryon Osborne in a phone interview. The new machine boosts Southwest Venture’s press count to 16 and follows the 2013 installation of a 950-ton press, which now is the largest at the Texas site.

“We have had sustained growth since 2008,” Osborne said.

Venture established the 48,000-square-foot El Paso plant in 2006 to more closely meet customer needs and to cut freight costs. Osborne said El Paso has enough room to add as many as five more presses.

Venture, based in Newton Falls, Ohio, has a 75,000-square-foot facility there with 20 presses with clamps up to 720 tons.

Venture’s 2013 sales were about $32 million, according to Plastics News’ recent injection molders survey. It supplies industrial, consumer, appliance, vehicle, agricultural, communications and other markets.

Its secondary services include engineering and project management, structural foam molding, overmolding and insert molding, decorating, plating, welding and assembly. The company has been in business for more than 40 years.


Comments

Venture Plastics adds 720-ton press

By Michael Lauzon
Correspondent

Published: August 20, 2014 2:03 pm ET
Updated: August 20, 2014 2:06 pm ET

Post Your Comments


Back to story


More stories

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...    More

Image

Building a sports superstar

March 27, 2015 9:00 am ET

Assembling the lower portion of an Oyo Sportstoys Inc. mini figure 30 times a minute, an automated cell built by Devlinks Ltd. (Booth S26149) is...    More

Sun Plastech, Plastics Color Corp. note major milestones at NPE

March 27, 2015 9:00 am ET

Sun Plastech Inc. and Plastics Color Corp. — two well-known materials firms — are marking anniversaries at NPE 2015.    More

Image

Johnson's political outlook shaped by a plastics business view

March 27, 2015 6:00 am ET

When Sen. Ron Johnson (R-Wis.) traded plastics for politics in 2010, he didn't leave his business sense behind. He carried the lessons of 30 years in ...    More

Image

Techmer PM planning new compounding plant

March 26, 2015 3:30 pm ET

As crowds gathered around their 3-D-printed Shelby Cobra sports car, Techmer PM officials revealed that the firm will open a new materials plant in th...    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