ALLENTOWN, PA. - Lehigh Valley Plastics Inc. has received the Economic Development Achievement Award from the Allentown Economic Development Corp. Based in Allentown, Lehigh Valley is a custom fabricating, machining and injection molding firm. To be nominated for the award, which it received in June, the firm had to qualify for a reduced-interest loan, which Le-high Valley used for remodeling and expanding. The Allentown Economic Council then worked with the bank to secure a portion of the amount needed for the project.
After the firm's expansion was complete, the council checked back with Lehigh to see if the firm had grown as officials had said it would.
We had far surpassed our expectations,'' said Vice President Edythe Ressler.
The 1995 expansion added 6,000 square feet for warehouse, fabricating and manufacturing space. In addition, Lehigh remodeled the 24,000-square-foot plant ``from one end to the other,'' Ressler said.
Lehigh Valley started in 1971 with two employees and has grown to a staff of about 70. It has two injection presses with clamping forces of 75 and 150 tons.
The company serves the gaming, medical and commercial markets with products made from nylon, polycarbonate, vinyl and various polyolefins.BEDFORD PARK, ILL. - Converter Film Products Corp. is building a $3 million, 60,000-square-foot facility in Bolingbrook, Ill., and is adding equipment.
The Bedford Park-based converter of polypropylene and polyester films plans to move from its 25,000-square-foot plant into the new facility this fall. About six employees will be added immediately to the staff of 23, said Vice President Ken Mulhall.
Because of growing demands for polyester and PP film, Film Products ordered a $1.1 million SS1000 coater from Hartford, Wis.-based Preferred Systems Inc., last month. The coater, as well as a slitter, will be installed in the new plant.
The 60-inch-wide servo-controlled coater can process films at speeds of 1,000 feet per minute and features a two-sided Enercon treater and an ATI gauging system. It also features a multiaxis drive system using a Berkeley Process controller and Indramat motors.
Film Products, which also metalizes other films, serves the graphic arts, industrial and food packaging and electronic markets.
LONDON, ONTARIO - Exacu-Mould Inc. increased sales by $300,000 with the addition of a customer in the packaging industry.
The injection molding firm was acquired in January by Londonbased Bayside Capital Corp. Exacu-Mould reported sales last year of $600,000. In the six months since Bayside has assumed control, sales had increased by $200,000 before the new order of $300,000.
Exacu-Mould has nine injection presses with clamping forces of 25-400 tons. It also added a third shift and four employees to its staff of 15. The company serves the appliance, business machine, consumer goods and medical markets.
We would like to acquire more plastics companies, preferably with sales up to $1 million,'' said Bayside President George Lunick.JONESBORO, ARK. - Consolidated Molding Technologies, an injection and blow molder in Jonesboro, recently moved to a 61,000-square-foot facility. The company invested $1.5 million in the project.
CMT moved from a 5,000-square-foot facility with 3,750 square feet in rented warehouse space.
CMT began in September 1994, with two employees, three injection molding and one blow molding machines.
CMT since has gradually added employees and machinery. With the most recent expansion, in February, the firm added two injection molding machines, plus the company's first dual-head blow molding machine. Currently, the company has 50 employees and 10 machines - seven injection presses with clamping forces of 50-700 tons and three blow molding machines.
CMT processes polypropylene, polyethylene, nylon, ABS and other engineering resins for use in the lawn and garden, automotive, materials handling and consumer products industries. Customers include Poulan Weed Eater, Hytrol Conveyor Co., Waterloo Industries, Daisy B-B guns and several area lamp firms.
BALTIMORE - Apogee Designs Ltd., a Baltimore-based thermoformer, has expanded its production capacity and may add space to its facility.
The firm added a $500,000, three-station, twin-sheet pressure former with auxiliary equipment, including a five-axis robot, about two months ago. The machine will reduce cycle times by loading, heating and forming at the same time.
It increases production capacity by 50 percent,'' said Vice President John Murison.
Although it is forming parts, the machine is not yet running at full capacity. Apogee thermoforms all engineering resins. The firm employs 67.
The company soon will decide whether to expand its 30,000-square-foot plant to 47,000 square feet or to rent a warehouse.
Apogee has four thermoformers and molds proprietary Hard Guard-brand products for automotive assembly systems. Other markets include food service, medical research, telecommunications and electronics.