MONTREAL — Rico-Plast Industries Inc. invested about C$500,000 to upgrade and expand its flexible packaging plant in Montreal.
The company recently installed a new winder on an existing blown film line to improve tension control. It also installed a new bag-making machine to boost its recent entry in bag markets. Rico-Plast plans to install another blown film line within 18 months.
Rico-Plast's eight extrusion lines produce monolayer polyethylene films from low, linear low and medium density resins, including metallocene materials, according to President and Chief Executive Officer Ken Ahmedkhan, who bought the company in 1995.
Ahmedkhan said Rico-Plast mainly sells to converting companies in Canada but has begun selling to markets in the United States.
The company is interviewing potential sales representatives to handle U.S. sales territories, Ahmedkhan said in a telephone interview.
Rico-Plast Industries posted sales of C$5.5 million (US$4 million) last year and has 30 employees.