Penn Color Inc. is investing $5 million in facilities and equipment for a Ringgold plant, which will replace a smaller color concentrate and pigment dispersion operation.
For core-market Southeast customers, Penn Color aims to more effectively serve a rapidly expanding carpet-fiber-industry requirement for nylon, polypropylene and polyester color concentrates.
In addition, the Ringgold facility will add capabilities to manufacture and supply thermoplastic color concentrates for sheet and film, injection molding and building and construction applications.
``We will have a state-of-the-art plastic color and additive manufacturing facility,'' said Richard Tennant, fibers business manager for the Ringgold facility.
Penn Color purchased a 96,000-square-foot building on 23 acres for about $1.8 million, installed infrastructure components and is adding equipment including three laboratory lines for spun-fiber production, two lab injection molding presses and two more twin-screw extruders bringing the production site's total to five extruders.
The one-mile move of equipment from the previous 10,000-square-foot Ringgold facility began in December and is projected for completion by late January.
Penn Color projects employing 30-40 people in Ringgold by year's end. Now, the Ringgold site employs 14.
Penn Color acquired the previous Ringgold facility and operation from Infinity Color Group in November 2002.
Doylestown, Pa.-based Penn Color was established originally at PGD Plastics in 1964, employs about 600 and has other facilities in Pennsylvania, New Jersey, Virginia, the Netherlands and India.