Thermoforming equipment maker Plasti-Vac Inc. is under new ownership, but retains most of the same employees.
Martin Eichenberger, chief executive officer and chairman, said he formed a holding company, Global Vacuum Inc., to purchase the assets of Plasti-Vac on May 22.
The company now will be known as PlastiVac Inc. - dropping the hyphenated name.
Eichenberger said in a June 6 telephone interview that most of the current employees have decided to stay on and that he is leasing the 20,000-square-foot facility in Charlotte, N.C., from former owner Miriam Diamond.
Eichenberger and Chuck Butcher, a partner who will serve as PlastiVac's chief operating officer, have combined more than 40 years of experience in factory automation and assembly automation. They both are proponents of lean manufacturing.
He said he investigated the industry and came up with a 110-page business plan to build on PlastiVac's strengths and to offer more alternatives to customers. Eichenberger said he plans to expand the company's research and development and also to build a worldwide sales representative network.
``It's a unique business - it's not industry-dependent, but caters to just about any industry. We're in 58 countries around the world,'' he said.
Eichenberger said PlastiVac has machines operating in many industries, including: aeronautics, agriculture, automotive, building and construction, boating, computers, cosmetics, education, electronics, film and media, food, furniture, medical, military, packaging, sanitation and sign-making.
The late Harvey Diamond, an early innovator in vacuum and thermoforming, started the company in 1962.