STREAMWOOD, ILL. - Quantum Performance Films Inc. may decide the fate of its uncompleted oriented polypropylene film plant in Salisbury, N.C., later this year, according to Robert Dea, the firm's chief executive officer. Dea said Quantum is ``keeping options open'' on the facility, which could figure in an expansion of OPP film capacity or a sale of the plant.
Quantum might expand by putting its fourth OPP film line at Salisbury or it might install the fourth line in its Streamwood headquarters plant, Dea said in a telephone interview from Stream-wood.
Quantum expects to discuss the fate of the Salisbury facility with its parent, U.S. Industries Inc., perhaps as early as June. A decision will partly depend on a cost analysis of expansion at Streamwood vs. Salisbury.
Dea said several firms have looked at Salisbury with a potential interest in buying the facility. He did not confirm a March 18 Business Journal of Charlotte report that Draftex, an auto parts producer in Viersen, Germany, was one of them.
Quantum stopped construction at Salisbury in 1990 when the building was almost complete. It has about 254,000 square feet and is on a 105-acre site.