Growing Chesapeake seeks bigger site
LUSBY, MD. - Custom injection molder Chesapeake Plastics Manufacturing Inc. of Lusby needs space for growth.
Co-owners Mark McGrath and Steven Moore have talked with Calvert County Department of Economic Development officials about facilities and land to accommodate CPM's requirements. The firm now leases a 5,000-square-foot site.
``Recent developments are driving the need for 30,000 square feet,'' said McGrath.
The company plans to have at least one 3,300-ton press by the end of the year, and by June may purchase two 50-ton all-electric presses to replace older 45- and 30-ton models.
In August, the firm acquired its sixth press - a 150-ton Fortune with a Fuimin robot, Maguire low-pressure dryer and Foremost feedback granulation system. Recently, CPM purchased an Epson Scara robot to replace a labor-intensive machining center.
In the past year, CPM has been recognized for growth, innovation and achievement by Smart CEO magazine, The Daily Record newspaper in Baltimore and the College of Southern Maryland. The firm is awaiting final ISO 9000 certification.
CPM primarily serves defense contractors. It employs 11 and had sales of $780,000 for its first fiscal year, ended Sept. 30.
Colortronic moves HQ, some production
FLINT, MICH. - Colortronic Inc., a maker of materials-handling equipment, has moved its headquarters and some manufacturing to the Flint technical center of its parent company, ACS Group.
Colortronic closed its former headquarters in Runnemede, N.J., at the end of February, after cutting back the operation, said Keith Larson, sales and marketing manager for Colortronic North America.
ACS purchased the U.S. Colortronic business in 2003. Later that year, Colortronic moved much of its manufacturing to ACS' headquarters factory in Wood Dale, Ill., and to plants in Milwaukee and South Attleboro, Mass., Larson said. In fall of 2004, Colortronic relocated the rest of its production - gravimetric loss-in-weight blenders - to the 12,500-square-foot Flint facility.
The Wood Dale and Milwaukee sites have been making most Colortronic-brand equipment, including gravimetric batch blenders and additive feeders. In February, ACS announced it was moving manufacturing from Wood Dale and Milwaukee into a single, 180,000-square-foot plant in the Milwaukee suburb of New Berlin, Wis.
ACS will keep its headquarters in Wood Dale.
Colortronic granulators will continue to be made in South Attleboro. The company also supplies chillers, temperature-control units and other equipment for process heating and cooling.
Receiver plans sale of Nexwood assets
BRAMPTON, ONTARIO - Plastic composites extruder Nexwood Industries Ltd. is for sale by its receiver and manager PricewaterhouseCoopers Inc. of Toronto.
Nexwood, based in Brampton, made boards from a blend of plastics and cellulose. It began operating in 1996. Applications for its products included decks, docks, railing fences and outdoor furniture. Assets for sale include U.S. patents, machinery and equipment.
Gemco relocating, building larger plant
PORT LAVACA, TEXAS - Gemco of Port Lavaca Inc., which makes pelletizing die plates and heat exchangers for the resin industry, is investing $2.5 million to build a factory in Victoria, Texas.
The facility will double the company's manufacturing space.
``We hope to be in that new facility by late fall,'' said Donna Pridgen, vice president.
Gemco was founded in 1950. Three years later, the company moved to its current location in Port Lavaca. Pridgen said a series of expansions over the years led to the current layout - Gemco is spread out in four buildings over a city block. The total square footage is about 20,000 square feet, about 15,000 square feet of which is manufacturing space.
In Victory, all of Gemco will be housed in one, 30,000-square-foot building on 15 acres. Offices will be on a mezzanine level looking down on the factory floor. Now, Pridgen said, office workers have to go outside to get to another building if they want to visit manufacturing.
The company received tax abatements from the city and county. Pridgen said Gemco's site also may be named as an enterprise zone, which would bring additional incentives.
Victoria is only about 25 miles away from Port Lavaca, so Gemco will retain its existing workforce of 18. That's important, Pridgen said, because the average employee tenure is more than 20 years. Gemco has never had a layoff, she said.
Though the firm no longer will reside in Port Lavaca, it currently does not plan to change its name.
Gemco makes low-pressure-drop pelletizing die plates for polyolefin resin makers and does repair and refurbishment.