Growth continues to rule the day at Prime Colorants Inc., a color concentrates maker based in Franklin, Tenn.
The company added a 60-millimeter twin-screw extrusion line in May and will install two smaller lines by Aug. 31, General Manager Mike Vacek said July 6 in a telephone interview. The lines represent an investment of more than $1 million and will increase annual capacity by more than 2.5 million pounds.
When the expansion is complete, PCI will have six lines for commercial production and one lab-scale line.
The equipment is needed to handle growth in product areas such as concentrates based on nylon resins, Vacek said. PCI is on track to post sales of more than $11 million in 2011, after hitting the $10 million last year, he added.
PCI also will install three injection presses for color-matching work by year's end, and a new mixing line sometime in 2012.
In 2011, PCI has added three employees, for a total of 45. On the product side, new liquid carriers for engineering resins and PVC are being developed. Liquid color accounts for about 15 percent of PCI sales.
The machinery will just about max out space at PCI's 60,000 square-foot plant, not a pressing issue at this time, Vacek said. But adding space is in the company's five-year plan, he added.
“We've got a lot of good things going on here,” said Vacek, a longtime industry veteran who joined the firm in 2009. “This is an exciting time.”