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Value Plastics builds new Colorado facility to meet growing demand from medtech sectorValue Plastics builds new Colorado facility to meet growing demand from medtech sector

With two medical device manufacturers announcing last week that they would be shutting down operations in the United States and moving jobs to Mexico, it's refreshing to hear that Value Plastics has broken ground on a new facility in Colorado.

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With two medical device manufacturers announcing last week that they would be shutting down operations in the United States and moving jobs to Mexico, it's refreshing to hear that Value Plastics has broken ground on a new facility in Colorado. The maker of injection molded fittings and valves for medical applications has outgrown its Fort Collins, CO, plant and opted to build a state-of-the-art production facility in nearby Loveland, CO. It will nearly triple the amount of available space and include "one of the biggest cleanrooms ever," Director of Operations John Gibson told the Reporter-Herald.

The 115,000-sq-ft facility with full cleanroom molding, assembly, packaging and inventory storage capabilities will cost approximately $28 million to build. Full operations are expected to begin in the first half of 2015.

The expanded capacity is needed to accommodate growing demand in the medical market for Value Plastics' engineered single-use plastic molded fluid-management components and to provide flexibility and capacity for continued long-term growth, the company stated in a press release distributed by parent company Nordson Corp.

Value Plastics will be among several hundred exhibitors attending MD&M East and PLASTEC East in New York City on June 9 to 12, 2014. Go to the event website for more information.

To keep the company in the region, the Loveland City Council approved approximately $1 million in economic incentives. For its part, Value Plastics did not want to stray far from its roots for a number of reasons, first and foremost to retain its human resources.

"The location [near Fort Collins] allows us to stay in the same general region with access to many amenities and a highly talented workforce," said George Porter, Nordson Vice President and General Manager for the medical products line. "We will continue to support the region through grants to local charitable organizations and our ongoing employee volunteer efforts."

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