Whiteridge Inc., a Reidsville, N.C., blow molder, is moving to a larger facility to keep growing and to keep up with customer demands. The company began in January, 1995 and had been operating out of a 10,000-square-foot plant. Recently, Whiteridge bought a 52,000-square-foot building, also in Reidsville, in order to add machines.
The company is investing around $3 million in the building and equipment.
Robert Hartman, chief executive officer, said the building needs some renovation. However, the firm plans to move in and start full production no later than September.
``This will enable us to add additional machines and continue growing,'' he said. ``We're turning down business because we don't have room to add any more machines.''
Whiteridge has 25 employees and four blow molding machines. The company plans to add two machines, each with 15-pound head capacities. During the next two years, Hartman said the company plans to add 50 employees.
Whiteridge makes plastic cases for tools and equipment and flotation devices for commercial and residential docks. It processes high and low density polyethylene, expandable polystyrene and acrylic styrene acrylonitrile.
Whiteridge received a $240,000 loan from the North Carolina Industrial Development Renova-tion Fund that it will use to renovate the company's new facility.
Whiteridge was 174th in Plastics News' 1995 ranking of North American blow molders, with sales of $670,000 for the year ended Oct. 1, 1995. Hartman is former president of Zarn Inc., also based in Reidsville.