DETROIT — LNP Engineering Plastics Inc. of Exton, Pa., plans to boost capacity for its Verton long-fiber-reinforced thermoplastics by 80 percent at its Columbus, Ind., site by installing new production equipment later this year.
``Our annual use for single applications of long-fiber polypropylene have gone from the 100,000- to 250,000-pound range to the 1 million- to 4 million-pound range,'' Verton product marketing manager Dick Sabo said in an interview at SAE '98 in Detroit. ``More than half of our business is in long-fiber nylon, but long-fiber polypropylene has a higher growth curve.''
This growth resulted in Verton posting sales of $12 million to $14 million in 1997, more than half of which was in the automotive market. The materials also are produced in Thornaby, England.
The capacity expansion is expected to create a dozen new jobs. LNP also moved its Verton research and development facility from Exton to Columbus in December.
At SAE, LNP focused on large parts, which Sabo described as ``the future of Verton.''
Large parts on display included a long-fiber PP radiator shroud, which the company unveiled for the first time.