With the addition of a recently approved, lead-free compound for cables, newly revamped S&E Specialty Polymers LLC of Lunenburg, Mass., is looking for a boost in business.
The company, formerly known as Gitto/Global Corp., entered bankruptcy last year. It was purchased by Steven Graham in December and renamed, and is looking to grow.
``We have a new generation of [product] which puts us back as a key supplier to the wire and cable industry,'' Ilia Charlat, vice president of research and development, said at MassPlastics 2005, held March 30-31 in Fitchburg.
Research slowed last year, but is back on track, he said, adding that the no-lead compound for plenum cable passed a key burn test by Underwriters Laboratory Inc. in March.
Charlat, a veteran with the company since 1993, said the material will have its own dedicated production line.
The company also changed its top leadership to start the year. Two managers, each with more than 20 years of experience, now are handling the operation. John Ingargiola is vice president of operations, while Larry Goldstein is plant manager.
The company manufactures specialty PVC, polyethylene, polypropylene and thermoplastic olefinic compounds. S&E operates six lines in an 85,000-square-foot facility and employs 75. Ingargiola said the company is well-capitalized.
``We had to get out and meet our customer base. Some had left and some had downsized their business, but the response has been absolutely overwhelming,'' he said.
The private company does not reveal sales figures, but Ingargiola said business has almost doubled since December and the order backlog going into April is 50 percent higher than the backlog going into March.
He said S&E is expanding market share because it has some proprietary product lines. Besides wire and cable, it also sells to such industries as electrical and footwear.
``We didn't need to go after new markets, but we needed to reintroduce ourselves to the old market,'' said Ingargiola.