Nylon Corp. owner predicts growth
Sunil Kumar and his daughter, Monica, of Nylon Corp. of America, hold bags of plastic pellets that are used in products such as nylon line in a weed trimmer or in the base of a large bowling pin. The father-daughter team recently bought the Manchester company, located at 333 Sundial Ave., that transforms chemicals into plastic pellets. (MICHAEL COUSINEAU/UNION LEADER)
This year, the New Jersey resident trained his sights on a more modest company: Nylon Corp. of America (NYCOA), which is based in Manchester.
Kumar said "America is the place," and he praised the U.S. way of life for giving those from other countries the chance to flourish here.
Those tracks deliver chemicals that NYCOA converts into plastic pellets. One customer then transforms those pellets into nylon line used for Sears Craftsman weed trimmers.
Kumar said he plans to grow the company's yearly sales of around $40 million, but with a long-term strategy.
Kumar plans to invest more in company infrastructure in hopes of a bigger payout.
Monica Kumar, vice president of business development, is working on expanding the customer base. She has relocated from New York City to the Manchester area while her father will remain in New Jersey but visit frequently.
Finding customers outside the United States will be a key focus.
Kumar praised NYCOA's workforce and outlook.
"We wanted to buy a company that we can grow," he said.
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