A composite building products extruder that shut down last year has revived itself with a new group of investors and a new name.
RRM Composites LLC dba Natures Composites purchased all tangible and intangible assets of Heartland BioComposites LLC. The manufacturer, based in Torrington, Wyo., specializes in extruding fence, decking and other products from recycled high density polyethylene and wheat-straw cellulose.
RRM has reopened Heartland's 30,000-square-foot factory in Torrington, said Heath Van Eaton, vice president of Natures Composites. Van Eaton was owner and president of Heartland BioComposites.
The old company was plagued with capital constraints, Van Eaton said in an April 14 telephone interview. He would not disclose the identity of the new investors, only describing them as a very tight-knit group of people.
Pinnacle Bank held title and possession of all the assets.
Van Eaton said he learned a lot of lessons from operating Heartland BioComposites. Now, officials made improvements on equipment, including measures to improve compounding and extrusion. The product also has better fire, fade, and mildew resistance.
Natures Composites was developed around the premise that we have a very high-performing composite lumber product, he said.
The company has registered the product with a green building information group and with the Department of Agriculture's Bio-Preferred program.
Those are really big positives that we're going to build the company around, Van Eaton said.
He said the company is capitalizing on domestic and international opportunities, selling both through the contractor chain and do-it-yourself channel.
It's taken a lot of years, a lot of decades, for a market to evolve to this point, he said.
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