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

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

FTC warns bag makers to take care before making biodegradeability claims

October 23, 2014 12:30 pm ET

Makers of oxodegradable or oxo-biodegradable plastic bags should consider themselves on notice, according to the U.S. Federal Trade Commission.    More

Image

Toyoda Gosei's growth strategy places a big focus on North America

October 23, 2014 1:21 pm ET

Sometimes, knowing your weaknesses is just as important as knowing your strengths. And if 2014 is any indication, automotive supplier Toyoda Gosei Co....    More

Image

Bergen International adds manufacturing space, extrusion line

October 22, 2014 3:42 pm ET

Chemical foaming agent manufacturer Bergen International LLC recently doubled its manufacturing capacity, added an extrusion line and laboratory...    More

Image

Ford's final ACH plant, injection molder of HVAC systems, to close

October 22, 2014 1:58 pm ET

Ford Motor Co. will shed the last line of business in 9-year-old Automotive Component Holdings LLC by December when ACH closes its Plymouth, Mich.,...    More

Image

Kraft Foods looks to inspire with HQ

October 22, 2014 12:15 pm ET

Bright and open, Kraft Foods' new headquarters in Northfield, Ill., looks more like a high-tech startup than a company that makes Kraft Macaroni & Che...    More

Market Reports

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 million dollar 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

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events