Polymer Corp. is expanding its injection molding division with a bigger press and a move from Monson, Mass., to nearby Palmer, Mass., which will increase its large-part manufacturing capability and provide more space.
“The main thing is that we outgrew our other facility. It is inefficient and we had to get more efficiency,” said President and CEO Bob Underwood in a telephone interview.
The Rockland, Mass.-based firm is converting about 58,000 square feet of what was warehouse space in Palmer into a more modern manufacturing facility that it hopes will be ready in late September or early October.
“Our work production is much larger than it's been in the last five to 10 years,” said Jim Ryan, chief operating officer.
Polymer Corp. is adding new wiring, a 5-ton overhead crane and a clean room to the site.
The company has ordered an 800-ton Haitian press to boost its capacity. Overall, Polymer Corp. has 23 injection presses, with clamping forces of 28-800 tons. Last year the company installed two 500-ton Haitian presses.
The company's existing facility in Monson has lower ceilings and was not built for modern manufacturing. The company looked at alternate locations, both in and out of state. However, a key consideration was its skilled workforce. The company expects all 78 employees to make the move.
Polymer Corp. will receive 10-year city tax increment financing of $57,757 and $368,486 in investment tax credits from the state Economic Assistance Coordinating Council. The project is expected to create 23 jobs.
Underwood said the project will allow for growth. Polymer Corp. does work that ranges from gunstocks and recoil pads for recreational firearms to medical-equipment housings. It does liquid resin casting in Rockland and it has a polymer marine division for undersea components.
“We're having a really good year — a record year,” Underwood said. He would not disclose sales figures.