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Wentworth opening second
Poland plant
By Joseph Pryweller
PLASTICS NEWS STAFF
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DÜSSELDORF,
GERMANY (Oct. 29, 10:20 a.m. EST)
Wentworth Technologies Co. Ltd. plans to continue tapping
Eastern Europe for growth by opening a new thermoforming
plant in Poland and looking for more opportunities there.
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The processing and mold-making company, based in Mississauga,
Ontario, will open a 40,000-square-foot facility in early November
in Zarnowiec, Poland, Wentworth President Walter Kuskowski said
Oct. 28 at K 2001 in Düsseldorf. The plant is the company’s
second in Poland and third in Europe.
“It’s a high-tech venture that will deliver products at low cost,”
Kuskowski said. “We cannot serve Europe from North America. We expect to invest
a lot more in new facilities there.”
The new Polish unit will be Wentworth’s first in Europe to make
thermoformed parts, and the company expects to become a major plastic cup
producer on that continent, Kuskowski said.
The company entered the thermoforming business in February 1999
when it bought Amhil Engineering Ltd. of Mississauga and the assets of Therma
Systems Inc. of South Plainfield, N.J. Since then, Wentworth has opened a
second thermoforming plant in Dixon, Tenn.
Wentworth is investing $4 million to $5 million in the new
building, land and equipment, including the installation of two high-speed
thermoforming lines using equipment from Davis-Standard and John Brown
Machinery. The equipment will allow Wentworth to produce as many as 5 million
cup lids per day, he said.
The facility, starting with 40-50 employees, will be in a tax-free
zone near the port city of Gdansk, Poland. The company will pay no taxes in the
zone for 10 years, and then will pay only half the country’s tax rate for the
following five years, he said. The subsidiary will be called Amhil Europa.
Kuskowski, a Polish immigrant who worked for General Electric Co.
in Ontario for 22 years, plans to expand further in Eastern Europe. He said he
may buy or open an injection mold-building plant in Europe and possibly
elsewhere.
The company became one of the few North American toolmakers in
Poland four years ago when it bought mold maker ZPNP of Bydgoszoz, Poland.
Until this year, Wentworth has been acquiring companies at a fast rate,
expanding its plant numbers for blow molds, injection molds and thermoforming.
Last year, the company also purchased the PET preform assets of
Electra Form Industries of Vandalia, Ohio. The company is turning around
quickly and completing new products that had been in the works before the
Wentworth purchase, said Mark Burrows, EFI general manager. EFI had entered
liquidation before the sale to Wentworth.
With the new Polish facility, Wentworth will have 14 plants
globally. Thermoforming has become a major growth area for the company,
accounting for about 40 percent of its processing sales this year. The company
expects to record more than US$80 million in sales for 2001, with about US$55
million of that in tooling, Kuskowski said.
The company has not made any major acquisitions in 2001, preferring
to conserve its cash reserves for future expansion, Kuskowski said. But
starting with the Polish plant, Wentworth plans to go on another buying spree
to help double sales in several years, he said.
Yet, the events of Sept. 11 have affected the Ontario company.
About a fifth of its work goes to the New York area, and some of that work was
put on hold after the terrorist attack.
“We were picking up quite a bit of work in October,” Kuskowski
said. “What happened there was terrible on a personal level, and I think
business everywhere will take awhile to recover completely.”
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