HASTINGS, Minn., July 13, 2014 – Intek Plastics, Inc., a premiere plastics extruder providing high quality, precisely engineered, customer-specific products, is investing more than $1 million into additional extrusion lines for its Hastings, Minn., facility. The expansion allows the company to keep pace with recent growth and to position it well as it expands into new markets. With the new lines, the company will increase its capacity by 17 percent.
“The expansion helps us support our customers in our core markets – construction, refrigeration, lighting and industrial OEMs – and the growth they are experiencing,” said Intek President Mike Kinning. “We experienced a significant growth in production in the second half of 2013 and anticipate that to continue into the foreseeable future. The expansion helps us keep pace with that growth while giving us capacity to support our strategic plan to develop new markets.”
About Intek Plastics
Intek Plastics (www.intekplastics.com) is a privately held company that engineers, extrudes and fabricates custom plastic extrusions for medium-to-large OEMs requiring unique, high performance solutions. Intek’s scale and sophistication allow it to serve any industry with world-class manufacturing. Intek and its 160+ associates create value for customers through a commitment to continuous improvement, lean manufacturing methods, and investments in materials and process technology. Founded in 1961, Intek is headquartered in Hastings, Minn., and also has a location in Hawthorne, N.J.