For the owners of Acro-Matic Plastics Corp. and Crisci Tool & Die, the right piece of land is worth the wait.
After a wait of nearly five years, Peter and Jim Crisci bought a 10-acre site from the city of Leominster in mid-July to build a 100,000-square-foot building to host both companies: a custom molder and a mold maker.
``We just ran out of space. We want to have both companies under one roof and we want to have room to expand'' as necessary, said Jim Crisci, co-owner and treasurer of the companies.
The owners actually announced a plan to build a new home plant back in late 1997, but have been waiting for the city to decide whether it would sell a 17-acre site or just the 10 acres they wanted.
The land had been used as a transfer station, but now is being cleared. Construction is to start in the spring, with a summer 2003 opening planned.
For the Crisci family, it will be the start of a new era. President Peter Crisci joined with his father, the late Sam Crisci, to found Crisci Tool and Die back in 1964. They added Acro-Matic Plastics Corp. in 1973.
The companies currently operate out of two side-by-side buildings with a combined square footage of 60,000.
Even though business is slow, the companies are planning for the future.
``Business has changed. People want more value-added services,'' said George Doumani, vice president of sales. ``We will have 10,000 square feet set aside for secondary services.''
Acro-Matic does work for automotive, medical, business equipment and industrial customers. Doumani said the emphasis is on precision work and the company has taken steps to prepare for the new building.
``We've done a lot of things to improve our efficiency and we've expanded our robotics,'' he said.
Acro-Matic Plastics listed $12 million in molding sales for the year ended Sept. 30.