The Pro Corp.-PMC name may be headed for limbo, but its business, some machinery and possibly some employees will help boost growing sister company Lenco Inc.-PMC in Waverly, Neb.
PMC Group Inc. of Mount Laurel, N.J., said in a March 16 news release that it is transferring Pro Corp.'s production from Florence, Mass., to Waverly. The Florence injection molding site will stop production at the end of March. The plant is for sale.
Meanwhile, PMC is adding about 30 jobs in Nebraska. The firm cited high costs in Massachusetts and competition from lower-cost regions as the reason for the shift. Pro Corp. has about 30 employees, and some have been offered jobs in Nebraska; the company said it is working with local and state officials to help the others.
Lenco expanded at the end of 2006, adding new automation equipment to produce optical-disc packaging. Lenco has 120,000 square feet of space and runs 60 injection presses, said Patti Griggs, PMC director of customer and administrative services. The plant has three cassette lines, one DVD line and three CD lines.
She said PMC acquired Lenco in February 1997, when it was just an audio cassette maker. Besides evolving to do CDs and DVDs, Lenco does a lot of precision molding for the cosmetics industry.
Lenco claims to be the only producer of audio cassettes in the United States and one of the largest in the world. The plant also makes ice scoops, restaurant trays and pouring caps for liquor bottles.
Griggs said the company has not decided what will happen to the Pro Corp. name. Its origins date back to 1847 when buttons were made in Florence.
PMC Group is a privately held chemicals and plastics company.