GI Plastek expansion is in the works
GI Plastek worker Tina Thyng of Wolfeboro gets ready to trim plastic molded parts as they come off the company’s largest injection molding presses. (Larissa Mulkern)
Rick Collopy, the vice president of sales and business development, said the plant’s current 56,000 manufacturing floor will increase to 91,000 square feet, allowing for the eventual addition of up to eight state-of-the-art medium and large injection molding presses. The warehouse floor will also be extended and there will be a streamlined redesign of the production line.
In the past, GI Plastek received assistance with financing from the Wolfeboro-based Wentworth Economic Development Corporation. Collopy said the agency has been cheering the company on ever since. Most recently, company officials received training in “Lean Manufacturing,” through the New Hampshire Manufacturing Extension Partnership.
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- Aging workforce
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- Govt. regulation
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