GORDONSVILLE, VA. - Klockner Pentaplast of America Inc. plans a $10 million facility and equipment expansion that will more than double its North American shrink film capacity by mid-2002.
The Gordonsville, Va., company said June 19 it will add new tentering lines to produce transverse-direction-oriented film at a Rural Retreat satellite plant that opened in 1993, currently employs more than 200 and occupies 200,000 square feet.
TDO films are used for shrink sleeves, full body labels, cap seals, tamper-evident bands and multipack applications, mostly for the food and beverage markets.
Separately, the firm said it is offering two product lines of newly formulated high-slip amorphous PET films for printing and box-packaging applications such as cosmetics, food, health care and eyeglasses. The uncoated films entered the market in April.
The company had 1999 estimated North American film and sheet sales of $277 million, placing it at No. 21 in Plastics News' most recent ranking. It manufactures rigid film for pharmaceutical, medical-device, food and general-purpose thermoformed packaging, as well as film for printing and specialty applications.
Publicly traded Klockner-Werke AG of Duisburg, Germany, is the parent company.