HILLSBORO, ORE. — The growth at R&D Plastics LLC in the Pacific Northwest contrasts with the sale or consolidation of many nearby processors in recent years. The custom injection molder had 2000 sales of nearly $3.1 million, up from $2.4 million the previous year.
"Our goal is to stay diverse" and keep overhead low, R&D President Rod Roth said in a telephone interview. There is "a market niche for people our size."
Hillsboro-based R&D's annual compounded growth has exceeded 29 percent over five years and has earned recognition on the Portland, Ore., Business Journal's list of the 100 fastest-growing privately held companies.
R&D molds parts for business equipment, medical, industrial and agricultural applications. Recently, two customers in the computer industry have shown strong growth in tape-backup and hard-drive products, and R&D also has seen more business in the medical market.
The company employs 17 and operates 10 presses at its 10,000-square-foot plant. It also does a small amount of insert molding.