PVC Container Corp. has installed an injection stretch blow molding line at its newly expanded Eatontown, N.J., headquarters plant to make oriented PET bottles. Late last month, the firm began running a Husky injection press and a Sidel blow molding machine to produce its first OPET bottles and containers. PVC Container's biggest push will be into personal-care containers, but it also will serve markets for household and automotive chemicals and niche beverages, according to Phillip Friedman, president and chief executive.
Friedman said the company will grow its initial $2 million equipment investment to about $5 million within two to three years.
A 35,000-square-foot addition at Eatontown, completed in June, accommodates the new equipment, which will make eight to 10 stock bottles, as well as custom containers, from virgin and post-consumer PET.
By October, a second injection stretch blow molding line will go in at Eatontown. A new, 61,000-square-foot extrusion blow molding facility in Walterboro, S.C., still under construction, also will receive an injection line, he said. The game plan also calls for installing injection blow molding capacity next year at a plant in Paris, Ill.
Until now, extrusion blow molding has been PVC Container's stock and trade. For a couple of years the firm looked at expanding into injection blow molding of PET, but shied away because the material was in short supply. Plus, he said, the company was waiting on technology advances to support where it wanted to go with the business.
From its stock preforms PVC Container will be able to build a variety of custom blow molds of various shapes and designs, including very wide oval bottles, Friedman said.
``Nobody has pushed into the market we're going into in two-stage processes,'' he said.
This year's sales will reach about $55 million, said Friedman, who projected growth of 10-15 percent for the next several years.
Some of that growth could come with acquisition, he noted.
``We are actively looking to expand our business through acquisition, particularly in the packaging area,'' Friedman said.