Precision Plastics plans to invest about $3.5 million for a new site and manufacturing facility in Clovis, Calif.
The custom fabricator and thermoformer is stretching the limits on its existing 30,000-square-foot plant. It expects to sell that plant after it relocates in early 2006 to the new facility, which is about two miles away.
Plans call for Precision to build a facility of 50,000 square feet in the Central Valley Research and Technology Park, now under initial development. Plant construction is scheduled to start by June.
On April 4, the Clovis City Council agreed to sell 3 acres to Precision for $261,360 plus infrastructure costs, and to provide an option for three more contiguous acres.
Henry Mata, Precision Plastics president and owner, projected adding 10-15 jobs for the expansion. Precision employs 50 in Clovis and 24 in a separate 30,000-square-foot plant it opened in Sacramento, Calif., in 1992.
Precision pressure forms plastic parts for computers, air conditioners and camera casings, and also has a sign department.
A division fabricates countertops using Corian cast acrylic and other polymers, and accounts for about 25 percent of the company's business.
The firm operates 11 thermoforming presses, including pressure formers and vacuum formers, and several five-axis computer numerically controlled machining centers.
The legal entity Fresno Precision Plastics Inc., doing business as Precision Plastics, was founded in Fresno, Calif., in 1983 and moved to Clovis in 1995. The firm does not disclose sales.
