Polymer Technology Corp. in January consolidated two sites into one by moving about one mile to a 28,000-square-foot facility.
President Tom Cervenka said the firm received significant Menomonie community support in buying the 3-year-old site, which only needed overhead cranes and water processing systems. The company had been leasing 15,000 square feet for molding, quick-turn toolmaking, warehousing, resin storage and assembly.
The privately held firm employs 34 and operates 13 injection molding machines with clamping forces of 20-300 tons. The equipment includes 10 horizontal presses, two verticals and one rotary vertical for low-volume, two-shot molding. End markets include medical, automotive and consumer goods.
While the firm does not disclose sales figures, it projects 2004 growth exceeding 20 percent.
``Being lean has helped,'' Cervenka said.
Polymer Technology formed in August 1997, and at first specialized in tooling and sample runs. The company obtained ISO 9000-2000 registration in August.