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August 18, 2016
2 Min Read
Sheet extrusion machinery builder Processing Technologies International LLC (PTi) broke ground earlier this month for a $10-million plant expansion at its Aurora, IL, headquarters. The expansion is in response to growing demand for sheet extrusion equipment, according to PTi. The company will discuss its new manufacturing capabilities at stand B91-10 in hall 13 at the K 2016 trade show, which comes to Düsseldorf, Germany, from Oct. 19 to 26
PTi broke ground for its facility expansion on Aug. 5. Pictured left to right are SVP Applications and Technology Tom Limbrunner, SVP Operations Jon Roberts, President Dana Hanson, SVP Sales Matt Banach, CFO John O'Neil and VP Engineering Dave Dorosa.
Overall plant capacity will increase by 50%, adding 40,000 square feet of primary manufacturing and office space and creating up to 40 new jobs. “Our business has hit record levels the last several years and our products are being well received throughout the packaging markets in North America,” said Dana Hanson, PTi President. “We are planning for a sustained period of growth that will require expanded manufacturing resources.” However, projected growth is not the only reason for change. The modification of PTi’s current footprint brings with it an expanded Technology Development Center with emphasis on the customer experience, offering a view of the machinery and technology development from an expanded and improved vantage point. The new space is expected to be fully operational by November 2016.
Hanson attributes the growth to an increase in market share and expansion into new markets including “dryer-less” PET systems. Hanson also noted that customers are retiring older equipment for higher capacity efficient systems. Other positive macro-economic factors include capital equipment purchase incentives, low interest rates and accelerated depreciation benefits.
The new space will feature a dedicated feed screw testing and development center along with an expansion of the current “dryer-less” twin-screw sheet extrusion demonstration center. The expansion also will include crane runways for primary assembly, production offices, new inventory and parts management space and a multi-purpose employee space. PTi also expects to partner with OEMs and a range of thermoforming machine suppliers who will house machinery at the expanded facility.
PTi currently occupies 60,000 square feet of manufacturing space and employs 80+ people. The expansion will take its operation to 100,000 square feet and over 120 employees. Most of the new hiring will be for mechanics, electricians and general production personnel.
PTi produces and services single-screw extrusion equipment for numerous markets, including packaging, construction, automotive, lawn and garden, office products, signage and displays, and appliances.
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