Tech Pak Inc., a maker of expanded polystyrene packaging, has added 41,500 square feet of new warehouse space, enabling it to add equipment in its manufacturing center.
Company officials would not reveal the amount invested in the expansion.
The Peabody, Mass.-based firm broke ground Sept. 26 and plans to complete the expansion Jan. 1, giving it a total of 151,500 square feet. About 10 employees and three machines will be added.
The company fabricates foam packaging for thermal and breakage protection, serving the seafood and specialty food industries, biotech and pharmaceutical, and high-tech industries. EPS resin is inserted into molds, then formed by steam and pressure into trays and foam boxes.
The firm operates plants in Peabody and St. Petersburg, Fla. The Peabody operation employs 40 and runs 10 fabrication machines. The Florida plant has 25 workers and eight machines.
Tech Pak has plans to begin manufacturing in Woods Harbour, Nova Scotia. The firm also distributes products from a center in South Portland, Maine.
Last year, Tech Pak reported sales of $16 million and it expects sales of $19 million this year.
