PHILADELPHIA — Citing rapid growth, Maguire Products Inc. has moved its headquarters from Media, Pa., to nearby Aston, Pa.
Maguire, which makes blenders and other types of auxiliary equipment, will retain its Media plant. The Aston site gives the firm four plants with total space of 158,000 square feet, President Stephen B. Maguire said in an April 7 interview in Philadelphia at the Plastics Show.
``We just continue to grow 20-30 percent a year,'' Maguire said.
Maguire founded the company in 1977 in his house in West Chester, Pa. His first product: liquid color pumps. After several moves into rented space, in 1985 the company moved into the 40,000-square-foot plant in Media, a suburb of Philadelphia.
Along the way, it added a 23,000-square-foot blender plant in Aston, and started its U.S. Granulator Division in Smithfield, R.I.
The company renovated the new headquarters building in Aston, which covers 55,000 square feet. Maguire said all four plants will remain in operation.
In 1985, when Maguire moved into the Media plant, sales were $500,000 and it employed 13. In 1997, he said, sales reached $22 million. Maguire now employs 60.
The firm contracts out production of many of its components, then does its own final assembly.
It still makes liquid color pumps—at the Philadelphia show Maguire rolled out a microprocessor-controlled cavity drum pump. But its main business is blenders, which make up about 80 percent of business, he said. About 40 of those are exported. The firm also manufactures auger feeders and loading systems.
Also at the Philadelphia show, Maguire showed its recently introduced, compact Radial granulator, which sports a high-speed, spinning-rotor design. It makes eight times as many cuts as a conventional granulator and costs half as much, the firm says. Stephen Maguire designed the machine.