IRVINE, CALIF. (Nov. 16, 3:40 p.m. ET) — High-purity plastics specialist Beco Manufacturing consolidated into a single location in a move of less than four miles.
“We relocated from two smaller facilities” occupying 19,000 square feet of leased space in Laguna Hills,” said President Michael Siino. “We had [Fabrication] and machining in separate buildings, and we had a lot of wasted space.”
The new leased site — a high-bay former warehouse in an Irvine industrial complex — has 22,000 square feet with “less hallways and dead space,” Siino noted.
Over seven months, Beco's landlord spent about $500,000 for Beco-requested improvements including an electrical power upgrade. Beco took occupancy Oct. 1 and began the six-day move Oct. 6.
A voice-over-Internet protocol system links computer and telephone technologies. “No more two-wire systems from Ma Bell,” Siino said. Siino, Lee Capital Acquisition LLC of Amherst, N.Y., and another individual investor acquired Beco in September 2010 from sole owner Jerry Costello, and Siino assumed duties as Beco president. Cliff Biederstadt founded Beco in 1987 and sold the business to Costello in 1991.
Beco stocks about 10,000 flow-control products and, in a separate business line, fabricates plastic-cabinet platforms onto which customers install plumbing systems and other capital equipment for chemical processing.
Beco mills, turns and routs sheet or rod usually of polytretrafluoroethylene, polyvinylidene fluoride, polypropylene, polyetheretherketone or polyvinyl chloride. Beco equipment includes computer numerical control mills — three Hurcos and one Cincinnati Milacron — along with a Haas CNC platform router, a Mazak CNC lathe and five Bridgeport CNC mills.
Products include pneumatic, solenoid and manual valves and related fittings along with PTFE hand sprays and tanks. The firm hot-air welds components, heat-bends and fabricates portions of process tanks and chemical metrology systems and, as needed, acquires injection molded parts primarily from two outside suppliers. Eventually, Beco may mold parts in-house.
“We provide custom solutions for flow control products,” Jonathan Gibney, director of marketing and sales, said during a plant visit. In a market with about a dozen competitors, “we fill certain types of orders, and we are flexible and nimble,” he said.
Beco envisions downstream growth and more build-to-print manufacturing services. “We can be a turnkey operation for some OEMs in life sciences,” Gibney noted. Other end users are in the semiconductor, solar, aerospace and chemical-handling industries.
In August, Beco delivered a third turnkey heated recirculating filter station to the Hebron, Ohio, facility of Momentive Performance Materials Holdings LLC. Beco handled engineering, design and fabrication functions.
Siino said he remains alert for possible add-on business acquisitions. Beco employs 40-50 and had 2010 sales of about $10 million. Siino projects a similar result for 2011.
Beco is a division of holding company International Polymer Solutions.