RPM Completes Development of Two New Facilities

Plastics company grows with new facility in Illinois.

RPM Technologies, Inc. announced the completion of its new grinding and processing facility in Park Forest, Ill.

 

RPM provides subcontractors with molds and resins for the manufacture of its plastic pallets. RPM's resin processing occurs at the company's facilities and incorporates a system of grinding consumer and industrial plastic scrap into recycled resins. RPM's facility expansion in Park Forest will accommodate growth in the company's grinding and processing operations stemming from recent agreements with several large post-consumer plastic scrap collectors.

 

RPM expects to initially receive and process more than 750,000 pounds of HDPE mixed color scrap per month, approximately 37.5 percent of the facility's monthly capacity of two million pounds.

 

"We are very excited about this expansion," said Randy Zych, CEO of RPM Technologies, Inc. "Installation of our custom-designed grinding and processing equipment was successfully completed as proven during our initial runs. We expect to bring this line up to speed quickly, approaching desired capacity sometime during the first quarter of 2005."

 

The Park Forest facility complements RPM's other grinding and processing facility in Norman, Oklahoma, which services the Southwestern United States. RPM, as a result of certain recycler relationships, expects to receive 400,000 pounds of post-industrial and post-consumer plastic scrap for processing and later resale. As a result, this facility is expected to reach profitably during the fourth quarter of 2004.

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