While awaiting the arrival of a new three-layer Varex coextrusion line from Windmoeller & Hoelscher Corp., Next Generation Films in Lexington has placed an order for another Varex line its sixth W&H said.
Steady growth has led Next Generation to continue investing in capital equipment, according to a July 29 news release from Lincoln, R.I.-based W&H. Next Generation officials were unavailable for comment.
Both new high-output Varex lines have grooved-feed extruders, 35-inch Optifil P2 dies, and Filmatic T dual-turret winders. The lines will add more than 50 million pounds of annual capacity, all of which has been pre-sold for the production of custom films, according to the release.
Last year, Next Generation boasted $100 million in annual sales. Its corporate campus features 24 film extrusion lines, a wind turbine and a recycling center. Its patent-pending nanotechnology is helping the company develop strong three-layer films with minimal materials.
W&H supplied Next Generation with its first Varex line in 2001 when Next Generation diversified to enter production of high-end converting films.
The fifth 134-inch Varex line that Next Generation ordered in February is scheduled to begin production in late summer.