Tessy Plastics LLC, an Eldridge, N.Y.-based injection molder, is expanding its Lynchburg, Va., plant by 4,000 square feet.
Rick Malec, operations director at Lynchburg, said the company spent $750,000 on the expansion and new equipment. Two automated pad printing lines and a work cell have been added, with two more work cells to follow in the next year.
The pad printing lines will decorate parts for disposable cameras, and the work cells will be used to produce automotive parts.
No jobs will be created. The Lynchburg plant currently employs 180 and uses 40 presses. Tessy internationally employs more than 1,000 people and has 200 presses.
Tessy has three plants: in Eldridge, Lynchburg and Shanghai, China.
Tessy's annual sales have been improving steadily for three years now. In 2002, the company reported sales of $64 million; in 2003, $74 million; and in 2004, $96 million. Malec attributed Tessy's success to its propensity for new technology.
``We've focused on new technologies,'' he said, ``and some of the companies that have closed their doors just stick to the status quo.
``The recession ended a couple years ago, and a lot of the major [original equipment manufacturers] have been spending money, and we've been fortunate to pick some of that up.''