HAWTHORNE, N.J. - Nexus Plastics Inc. is expanding polyethylene film extrusion capacity and looking for an acquisition in the Midwest and southwestern United States. Nexus President J. Ronald Esak said his firm spent about $1.5 million to add three more extruders and related equipment at its Hawthorne plant, and to expand the plant by 800 square feet and increase ceiling height.
He said Nexus recently began running a new Gloucester film line with tight gauge control geared to lamination, tape and medical applications. It also bought and refurbished two used extrusion lines to run with twin dies. One of the twin-die lines is running, the other is scheduled to begin this month.
The programs boosted Nexus' extrusion capacity by about 15 percent to 38 million pounds per year for its 27 extruders.
Buying a second production site would cut transportation costs, Esak said.
Nexus had sales of $18.1 million for the year ended Sept. 30, 1994. It converts and prints some of its PE film and has bag-making capability. It sells to a range of niche packaging markets and employs about 150.