LOGANSPORT —
Logansport plastics manufacturer Co-Tronics got a sixth injection molding press delivered Tuesday. The machine represents the company’s recent growth, according to executive vice president David Williams.
“Over the past three years we’ve grown about 120, 130 percent,” Williams said.
With 22 workers currently employed full time, Williams expects the company to hire three or four more people once the press has been installed.
Co-Tronics, located at 1100 Wheatland Ave., invested about $170,000 in the machine’s purchase, Williams said, and is spending more with local electrical and plumbing contractors to install it.
The 16,000-pound press was shipped from Japan to Logansport by way of California and delivered about 9 a.m. Tuesday.
“It manufactures plastic parts that might end up inside your car,” explained Williams. “We serve many different industries so it might end up on a recreational vehicle like a bicycle, or in a helmet.” He added that the company also sells to clients in the automotive, electronic and agricultural industries.
In addition to molding parts from about 100 different kinds of plastic, Co-Tronics also assembles some parts for its clients. The company was established in 1961 and is headquartered in Logansport, where all of the owners make their homes.
The machine’s installation comes about four months after Logansport City Council approved a tax abatement for the company.
To keep up with rising demand, the company runs 24 hours a day, five days a week, as it has done for about four years.
In the future, the company plans to add manufacturing space to its existing 8,500-square-foot building or to build a new facility at the Logansport-Cass County Industrial Park on Ind. 25.
Design phase I was just completed for building a new facility, Williams said. He expects to break ground on either that facility or an expansion to the current facility in late spring 2013.
No other expansions are in the works at this time, but either planned expansion would allow for further expansion in the future, said Williams.
More information about the company is available at www.cotronicsinc.com.
Sarah Einselen is news editor for the Pharos-Tribune. She can be reached at sarah.einselen@pharostribune.com or 574-732-5151.
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