New production equipment was installed in July at Polymax’s production site in Waukegan, Ill. In a news release, officials said that the firm “is experiencing accelerated growth rates, exceeding forecasted figures, in response to high market demand for its custom TPE technologies and proven customer-centric service models.”
They added that the production expansion will allow Polymax to continue fulfilling orders “at the speed customers have come to expect and depend on.” The firm also will add an unspecified number of new jobs.
“There are new technologies in development that are expected to contribute to a continued increase of demand,” Castile said. “We’re watching material demands closely to determine the scale and location of the next large production capacity expansion.”