Arrowhead Plastic Engineering Inc. plans to consolidate most of its thermoforming business next month in Eaton, Ind., where it recently bought 25,000 square feet of space. The Muncie, Ind., company will move four thermoformers from Muncie and Montgomery, Ala., to Eaton and probably will install more in a year or so, according to Thomas Kishel, president. It will keep a thermoformer at its Fort Valley, Ga., facility, which it acquired last year when it purchased Fiberglass Industries Inc.
Kishel said moving most of the thermoforming under one roof will help it plan for growth. The firm logged sales of about $1 million last year.
Arrowhead's main business has been fiberglass reinforced products manufactured at Muncie, Montgomery, Fort Valley and at Columbia, S.C. Total sales last year exceeded $10 million.
Arrowhead will move thermoforming machines to a 15,000-square-foot building in Eaton. The firm will lease its adjacent 10,000-square-foot facility to another company.
Arrowhead's thermoforming business, begun in 1973, mainly makes polyethylene and styrenic internal components for transportation equipment.