Custom injection molder Carrero Corp. plans to expand its Latrobe, Pa., plant and build a second plant near Tucson, Ariz. Pennsylvania's Department of Commerce recently approved Carrero's proposal for a $1.2 million tax-exempt bond to build a 10,000-square-foot facility next to its current Latrobe plant and to buy equipment.
``Business is growing and we need more space,'' said Dan Wood, manager of the Latrobe plant, which also is called Wood Industries Inc. He cited higher sales in its custom molding business for automotive, medical, electrical and other markets.
Wood said his firm still is evaluating a budget for the equipment and how many presses it will buy. The new facility will contain research and development, administration and manufacturing operations crowded out of its current 14,000-square-foot facility.
Carrero intends to complete the new building by November.
Wood said Carrero also plans to build a 20,000-square-foot plant near Tucson to supplement its current, leased plant there. It opened a six-press Tucson operation last fall and needs more manufacturing space in the Southwest, where it supplies a major automotive customer in Mexico. It scheduled a November start for the new plant, which will begin with several injection presses.
Carrero is based in Export, Pa., where it also does custom molding. The private firm was founded in 1984. Wood did not disclose sales.