Preston, Iowa-based thermoformer Plastics Unlimited Inc. built a $4 million, 30,000-square-foot addition — its second in four years — to meet demand for composite parts as it grows with customers.
The expansion created about 45 jobs — bringing the total staff to 140 people — and it adds space for assembly, warehousing and manufacturing equipment and robots.
"We have been growing in agriculture, construction, medical, aerospace and industrial," owner Dakota Kieffer said in an email about the expansion.
Founded in 1993, Plastics Unlimited produces custom thermoformed plastics and urethane products. The family-run businesses specializes in patented toolless engineered composites (TEC) that it says combines the speed of thermoforming with the strength and durability of composites.
Plastics Unlimited now operates out of a 130,000-square-foot place after a previous 30,000-square-foot expansion in September 2019 just ahead of the COVID-19 pandemic that started in March 2020. Business slowed for a couple of months as the illness spread, government lockdowns were enforced and materials were limited, but Kieffer said the 2020 lull didn't last long.