Laminations Inc. is moving a recently acquired compression molding operation to Scranton, Pa. Operations manager Robert Dougher said his firm expects to complete the move of the former Phelps Engineering Plastics business from New Haven, Conn., by the middle of the second quarter. Laminations bought Phelps, a private firm, late last year.
Dougher said the move is to cut overhead and trucking costs and to prevent overextension of management. The New Haven facility is about a two-hour drive from Laminations' main operation in Scranton.
Dougher said Phelps, a compression molder of polyolefins, offers new, undisclosed markets and processes for Laminations. Laminations extrudes, compression molds and fabricates high density polyethylene sheet. Its markets include playground equipment, signage, cutting boards and bathware components.
Pennsylvania will assist the move with $600,000 in aid such as an Opportunity Grant, job-creation tax credits, training funds and a loan for machinery and equipment. The state Department of Community and Economic Development said the move could create 120 jobs in Scranton.
Dougher said Ed Phelps and some silent partners owned the acquired firm. Phelps may do consulting work for Laminations after the move. Laminations is relocating the business into a 40,000-square-foot area, about the same amount of space it now occupies.
In 1998, Laminations began a multimillion-dollar program to consolidate several plants in Scranton and to expand capacity.