Denton Plastics Inc. plans to move operations next year to a $5 million facility near its Portland, Ore., headquarters, significantly expanding its capacity.
The company, a diversified recycler that handles a range of plastics, will add an extrusion line and 18 silos at the new facility, to take advantage of rail access there, said Dennis Denton, chairman and president. The company hopes to complete the new building by November.
The company plans to compound more virgin off-spec and wide-spec resin and expand its recycling business, Denton said.
``Our goal is to reach a doubling of capacity. We plan on 20-30 percent growth a year,'' Denton said. The firm now can process about 4 million pounds of recycled material a month, he said.
About 30 percent of the firm's $8.5 million in annual sales now is from exports to the Far East, and the company hopes rail access will let it start to custom compound and export various virgin resins there as well. Denton said he travels to China annually, and has been working in that market since the 1980s.
``We've been basically selling scrap overseas and we want to sell virgin resin overseas,'' he said.
Denton Plastics handles 70 different types of plastics.
The new facility will be in Gresham, Ore., about two miles from the firm's current facility in Portland, and will employ about 45, up the from 34 currently. The 50,000-square-foot plant will replace a 37,000-square-foot factory. The company expects to complete the $1.4 million land purchase later this month.
