Ultima Nashua Industrial Machine Co. plans to add plastic parts production to its operations after moving into a larger facility.
The Nashua, N.H.-based machining company will make parts and assemblies for injection blow molding machinery and is exploring the production of plastic parts, said Alan Rau, administration coordinator.
The work is predicated on an upcoming move to a 132,000-square-foot building near its present plant, more than double its current size, Rau said. The company will lease out part of the building. The company won a bid to buy the vacated plant in May and plans to close on the property June 21, he said.
The move will take place gradually during the next 18 months, he added.
The facility was owned by International Paper Box Machine Co. but was liquidated after the company faced credit issues.
Ultima Nashua is being forced to move due to a local infrastructure problem, Rau said. The city of Nashua plans to tear down the company's current site so it can broaden Broad Street Parkway, under an eminent domain law, he said.
``The bid for the building came at a good time,'' Rau said. ``When the bulldozers get here, we'll have a place to go.''
Ultima Nashua is owned by Canadian Communication Consortium of Vancouver, British Columbia. The company presently has 35 employees but plans to at least double that work force after moving, Rau said. The company currently remanufactures and repairs blow molding equipment and is pursuing licensing rights to make parts for various blow molding machinery makers, Rau said.
