ORANGEBURG, N.Y. - Innovative Plastics Corp. plans to spend more than $1 million this year to expand thermoforming capacity. The Orangeburg firm added two new thermoforming lines at each of its Orangeburg and Nashville, Tenn., plants in the past year. Vice President Bud Macfarlane said sales growth will spur more equipment purchases and relocation of the Nashville plant to a larger facility in the area.
Innovative's sales grew to $22.5 million for the year ended Sept. 30, up from $21 million in 1994. Its main business is retail packaging, but Macfarlane said the private firm's growth is broad-based, including electronics and industrial materials-handling trays. It does thin- and heavy-gauge thermoforming and pressure forming.
Macfarlane said 18 of Innovative's 24 thermoformers are in Orangeburg. The total includes 22 in-line thermoformers and two rotary types.