Plastic Color Corp. has reached the West Coast through its acquisition of a colorant plant in Chula Vista, Calif.
``You have to be in many regions of the country to have a real impact as a national player,'' said Mike Calicchio, vice president of sales for PCC, a colorant maker and compounder based in Somerset, N.J.
The Chula Vista plant, located six miles away from the Mexican border, is a 70,000-square-foot facility that runs four extrusion lines and employs 12. PCC plans to install liquid-color production at the site by May. The plant — previously owned by Color Technology Inc., a Massachusetts colorant maker — currently produces color concentrates for polyolefins, engineering resins, PET and other plastics.
PCC also hopes to add custom compounding operations in Chula Vista, Calicchio said. PCC entered the custom compounding market when it acquired Coz Plastics Inc. in 1997.
Privately held PCC declined to release the purchase price of the Chula Vista plant.
Chula Vista becomes PCC's fifth production facility, joining plants in Somerset; Ashboro, N.C.; Calumet City, Ill.; and a plant scheduled to relocate from Northbridge, Mass., to Killingly, Conn., this summer.
Calicchio added that PCC will complete a $2 million restructuring of the Ashboro plant in June to make the plant more efficient and slightly expand its capacity.
PCC also has its eye on Europe, where it hopes to make an acquisition in the next 12-18 months, Calicchio said. PCC's parent company — PMC Inc. of Sun Valley, Calif. — already operates a facility in Germany.
Chula Vista's proximity to Mexico was a plus, since PCC has several customers in Southern California and Mexico, Calicchio said.
The company posted sales of $60 million in 1998 and expects to reach $70 million in 1999.