Norwesco Inc., which claims to be the world's largest rotational molder of septic tanks and agricultural storage tanks, has expanded into the Pacific Northwest by purchasing the machinery, name and product line of Rototech Industries of Coos Bay, Ore. The deal does not include the factory building, according to Norwesco President Tom Smith. Instead, the Rototech building will continue to mold polyethylene septic and water storage tanks for Norwesco.
Norwesco will sell the tanks regionally under both brand names, Rototech andNorwesco. Smith said Norwesco, based in St. Bonifacius, Minn., now is looking for a Pacific Northwest location to build its own factory.
Norwesco also wants to expand into California. The company expects to build or buy a factory in central California soon. Its eighth, and newest, recently began production in Owego, N.Y.
The Norwesco/Rototech agreement was announced Nov. 1. Terms were not disclosed. Norwesco bought two rotomolding machines, the Rototech name and product line from owner Mike Collatt.
The Oregon facility is the ninth manufacturing location for Norwesco, which molds only tanks for septic systems and agricultural storage.
In Plastics News' first ranking of North American rotomolders, published Aug. 7, Norwesco placed fifth, with sales estimated by the company to be $37 million. The deal continues a rotomolding trend toward consolidation and growth of the larger companies.
Rick Aronson, Norwesco's vice president of sales and marketing, said that should continue.
``We'll either build a new plant or purchase a competitor every year,'' he said.
Smith said Collatt has retained some smaller rotomolding machines to continue making other products. Collatt could not be reached for comment.