PHILADELPHIA-Temperature-controlled plastic packaging TCP/ Reliable Plastics Inc. is planning to move from its 80,000-square-foot facility in Dunellen, N.J., to new headquarters in Edison, N.J. President Sanford L. Cook said the new location has roughly the same space but has 24-foot ceilings and other amenities to accommodate its new emphasis on research and development.
The company's specialty is in foam and rigid containers capable of maintaining critical temperature ranges for pharmaceuticals and other perishables. Concur-rent with plans for the move, TCP became listed Jan. 24 on Nasdaq, Cook said at EastPack.
TCP, which began fabricating foam in 1990 with a handful of employees, had 41 employees and sales of $5 million in 1995. Cook said it uses glycol-modified PET, polystyrene and ``any plastic that is suitable to the pharmaceutical industry'' in its designs.
Key to the temperature-control system is a proprietary, temperature-insulating ``phase-change'' colloid, or gel, sealed within compartments of the plastic transport containers. Demand for such packaging will prompt TCP to in-crease employment by 30 percent in 1996. It will emphasize hiring of packaging engineers, he said.