Formex targeting custom business
LAWRENCEVILLE, GA. — Formex Manufacturing Inc., a Lawrenceville-based thermoforming company whose mainstay has been proprietary products, is ``trying to branch out into the custom business,'' said President Jack Alesi.
As a part of the transition, Formex hired Dennis Tollison as national sales manager in August. Tollison reported a 10-12 percent growth rate in proprietary forming last year, and expects higher growth this year due to the addition of the custom business.
The firm also has purchased a Brown four-station rotary thermoformer — Formex's largest.
The company designs and manufactures heavy-gauge twin-sheet proprietary products, and does twin- and single-sheet custom forming. It mainly serves the marine and utilities markets, thermoforming such products as dock floats, transformer pads, conduit spaces and air-conditioning condenser mounting pads.
Formex reported 1998 sales of $10 million. It employs 49 and operates five lines in Lawrenceville.
Fiber Pad adds to Oklahoma operation
TULSA, OKLA. — Fiber Pad Inc., a custom fiberglass fabricator and vacuum former, is expanding its Tulsa plant. A new building on the site of the existing plant is near completion, according to Chief Executive Officer Don Law. The building will provide an additional 30,000 square feet.
Fiber Pad produces custom products for original equipment manufacturers. It operates eight heavy-gauge forming lines. It reported $3.5 million in sales last year and employs 100.
R Plastics doubling space at Ore. plant
PORTLAND, ORE. — R Plastics Inc. plans to double its Portland plant from 7,000 to 14,000 square feet. President Ron Ross expects the expansion to take place in April.
The company reported sales of $225,000 for 1998, up from $150,000 in 1997. It operates three lines and employs four.
R Plastics specializes in cut-sheet forming and produces transportation and aircraft products, dental components and materials-handling bins, among other products.
Atek relocating to new HQ in spring
ROMULUS, MICH. — Atek Thermoforming, Inc. is building a facility in Sumter Township, Mich., near Belleville.
According to Vice President Robert Nofz, the company will move from a leased, 16,000-square-foot building in Romulus to the new, 40,000-square-foot building by the end of March.
Atek reported 1998 sales of $850,000, up from $350,000 in 1997. It operates two thermoforming lines and employs 13.