Regenex Corp. is expanding and adding extrusion lines to make recycled PVC parts for replacement windows.
The company is spending about $600,000 on the project, which includes a 20,000-square-foot expansion to its 50,000-square-foot plant in West Middlesex, Pa.
``We rent a lot of warehouse space,'' so most of the new space will be used for storage, said company controller Jim Tabaka.
The plant has about 50 employees operating eight extrusion lines and four grinders, Tabaka said. During the next three years, company officials plan to add six extrusion lines and 12 employees.
Regenex also owns a grinding plant in Illinois, Tabaka said.
To help finance the project, the company received a $248,000 loan from the Pennsylvania Industrial Development Authority through a program that aims to help businesses create and retain jobs in the commonwealth.
The loan is the second the company has secured through the state program, according to John Holliday, executive director of the Shenango Valley Industrial Development Corp., which administers the loans in the West Middlesex area.
The first was a $280,000 loan awarded in 1995 to help Regenex buy the plant and begin operations, he said. Both loans are fixed at 3.75 percent interest for 15 years.
Holliday said Regenex is a strong, growing company.
``It is what you call a real success story,'' he said. ``We're very, very proud to be part of it.''