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Atlantis Plastics purchases new manufacturing facility for its profile extrusion subsidiary.


MIAMI--(BUSINESS WIRE)--Feb. 21, 1995--Atlantis Plastics Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :AGH AGH Akademia Gorniczo-Hutnicza
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) Tuesday announced the purchase of a new manufacturing facility in Elkhart, Ind. for its Pierce Plastics subsidiary, which is a manufacturer of profile extrusion parts for the recreational vehicle, building supplies, appliance, and furniture markets.

The new plant has 87,000 square feet, including 20,000 square feet of warehouse space and nine storage silos This article is about Storage Silos. For other types of silos, see Silo.

Storage silos are structures for storing bulk materials. Silos are used in agriculture to store grain (see grain elevators) or fermented feed known as silage.
 for plastic resins, and doubles the size of Pierce's existing facility in Elkhart, which the company intends to sell.

Over the next six weeks, without disrupting current production, Pierce will consolidate its manufacturing and warehouse operations in the new Elkhart plant. In addition, the company will increase its current manufacturing capacity by 25% with the installation of additional extrusion lines, bringing its total number of lines to 15. Pierce currently employs 85 people.

John Geary, president of Pierce Plastics Inc. said, "Since the new facility was specifically designed for plastics extrusion Plastics extrusion is a high volume manufacturing process in which raw plastic material is melted and formed into a continuous profile. Extrusion produces items such as pipe/tubing, weather stripping, window frames, plastic sheeting, adhesive tape and wire insulation. , our manufacturing efficiency and operating costs operating costs nplgastos mpl operacionales  will be improved, and we will have the capacity to expand our production approximately 75% over current levels."

Anthony F. Bova, chief executive officer of Atlantis Plastics Inc. said, "The new building is part of our strategic investment program to improve profitability and to better serve the needs of our customers."

Atlantis Plastics is a leading U.S. manufacturer of polyethylene polyethylene (pŏl'ēĕth`əlēn), widely used plastic. It is a polymer of ethylene, CH2=CH2, having the formula (-CH2-CH2-)n  stretch and custom films used in a variety of industrial and consumer applications and molded plastic products for the appliance, automotive, recreational vehicle, garage door, and dairy industries.

CONTACT: Atlantis Plastics Inc., Miami

A. Richard Hurwitz, 305/858-2200
COPYRIGHT 1995 Business Wire
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Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 21, 1995
Words:261
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