Polyurethane film and sheet maker Argotec Inc. is expanding its Greenfield, Mass., base with a plan to renovate a nearby facility.
``Our purchase of a 60,000-square-foot building, along with the addition of new extrusion equipment and multiple atmosphere-controlled clean rooms, will enable us to greatly expand our ability to meet the growing demands of the marketplace for urethane film and sheet products,'' said Bruce Wilby, Argotec president and chief executive officer, in a news release.
Argotec extrudes high-performance optical, medical and weatherable film at two manufacturing plants totaling more than 56,000 square feet in Greenfield.
MassDevelopment, the state's economic development arm, provided $5 million in low-cost bond financing to help Argotec buy and renovate the new building. The agency said Argotec expects to add 35 jobs. The company said the expansion should be completed by mid-2008.
Argotec uses processes that include blown film, cast-on-carrier and flat-die extrusion. It also makes products from difficult-to-extrude specialty thermoplastic elastomers.
The firm's films are used in optical-grade interlayer films for security glass, apparel needing waterproof-breathable protection, and medical applications like elastic tape, wound dressings, hospital mattresses and covers and transdermal patches.
The automotive industry uses weatherable films for paint protection and barrier films for headliners, foamed-in-place seating, and headrests. Other uses are bladders, hydration packs, midsole materials and keyboard covers.