NEWARK, OHIO - Tact Plastics Inc., a Newark-based custom injection molder, will spend $1 million to build a 25,000-square-foot plant in Lenoir, N.C., in a move designed to ``follow our customers,'' the company's president said. President Glen Smith said the new building will double the company's current floor space. Tact's Newark plant has 18 presses with clamping forces of 30-350 tons.
The new building will have high ceilings to accommodate larger machines in the future, he said. It will be on a lot that will allow the building's expansion up to three times its planned size, Smith said.
Initially, the firm will install seven presses of similar sizes to those it already uses. Smith said Tact has no intention of closing the Newark facility.
He said 12-15 machines at one site ``is kind of a niche for us.''
Tact had 1994 revenues of $3.04 million. It was founded by the late Gene Cain in 1976 and purchased by Smith four years ago.
Many Tact customers are original equipment manufacturers that rely on just-in-time inventory practices and quick response on short lead times for their small-lot quantity molding requirements, Smith said.
Vice President Douglas Gordon will head the North Carolina operations.