Absolute Machinery Corp. recently purchased a 25,000-square-foot building near its facility to double its size and to headline what appears to be a very busy year for Absolute Cos.
We took possession in 2010 of an old foundry. We've cleaned out the entire building, painted the inside and upgraded the lighting system, said Nate Smith, president of Absolute Machinery, in an interview at massPlastics, held March 15-16 in Fitchburg.
The company added a photovoltaic system to help cut electricity costs. Absolute also added multiple cranes that can handle up to 1,000-pound machines and has brought on four full-time technicians, Smith said.
Now, the company operates out of two 25,000-square-foot facilities in Worcester, Mass., and employs 21.
We have ability to buy the machine, repair it, detail it and turn it around [for use], he said.
As a registered Machine Dealers National Association member and a licensed appraiser as part of the Association of Machinery and Equipment Appraisers, the company can provide multiple services, he said.
We're buying all types of equipment, also entire factories, said Smith.
The company was displaying a 1946 Van Dorn injection molding machine that Smith said is used as a teaching tool, especially when company representatives volunteer at schools. The machine had been used in Bridgeport, Conn., in the production of combs and was purchased by Smith for a $1 a few years back.
Absolute started out in 2000 as a used-equipment seller, but has also become a solar electric and water heating company, as well as a North American franchise to sell Haitian injection molding presses.
Absolute's newest entity is Absolute Green Energy, which was founded in 2008 and last year worked on a couple commercial projects at MassMutual in Springfield, Mass.
According to Mike Ortolano, president of Absolute Green Energy, one project it designed consisted of 518 solar panels. The company also consulted on a water-heating project that he said produces 50 percent of the hot water used in MassMutual's kitchen and health club.
Ortolano said that as a privately held group, Green Energy has been able grow organically without worrying about financing.
Luckily we didn't just wake up and start today. It takes time and planning to build this type of company. The model is very strong, he said.
Because workers haven gotten the necessary training and understanding early on, Ortolano said, Absolute Green Energy is able to help companies take advantage of federal and state incentives to install solar electric or heating systems. It does site assessment and design work, and then partners with local contractors to build the systems.
Absolute is not out to build solar farms, but to help in situations where the maximum benefit is to the environment and user, Ortolano said. That means an on-site system that doesn't transmit power, but rather uses it to supplement the current facility.
Absolute Haitian Corp. is well-positioned supplying Haitian presses in the U.S. and Canada.
This year we've started fabulously. I'm sure we doubled [what] we did in the first two months of 2010. We're in a position to gain a lot of momentum, said Glen Frohring, president of Absolute Haitian Corp.
The company was running a Zhafir Venus machine at massPlastics.
According to Frohring, the Mars servo-electric hybrid has qualified for various federal and state incentive programs and is proving to be a market leader for Haitian in the U.S.