is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Film extrusion: Parkinson adds staff, capacity after record year

Following record growth in 2008, with sales up 30% from 2007, Parkinson Technologies (Woonsocket, RI) has expanded its workforce by 15% and restructured its organization. The designer and manufacturer of large-scale web-handling, winding, and plastics-processing equipment also boosted manufacturing capacity, with the addition of CNC machining centers to support machinery and spare-part orders. The company reports strong sales for film and sheet machinery into North America, Europe, and Asia.

Following record growth in 2008, with sales up 30% from 2007, Parkinson Technologies (Woonsocket, RI) has expanded its workforce by 15% and restructured its organization. The designer and manufacturer of large-scale web-handling, winding, and plastics-processing equipment also boosted manufacturing capacity, with the addition of CNC machining centers to support machinery and spare-part orders. The company reports strong sales for film and sheet machinery into North America, Europe, and Asia. To develop new markets, the company also runs a pilot production facility, which was booked through most of the year, working on bioplastics projects, among others.

In spite of the weak finish for the economy at large, Parkinson reports a “healthy” backlog going into 2009. “While we are in a down economy, there are still opportunities out there for companies that can offer the right product and service solutions to its customers,” said Peter Termyn, President and CEO. “It’s a global market and we are poised to continue the success we’ve achieved in 2008.”

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish