- $10 million investment to nearly double manufacturing space
- Technology Development Center dedicated to product development
- Strong demand from packaging, industrial and automotive industries
Processing Technologies International LLC (PTi), a leading manufacturer of sheet extrusion machinery, has announced a $10 million plant expansion at its Aurora, Ill. headquarters in response to growing demand for its sheet extrusion equipment. The company will add 40,000 ft2 (3,716 m2) of space, nearly doubling its net manufacturing capacity while increasing office space to 20,000 ft2 (1,858 m2). Groundbreaking is slated for March 2016 and the new space is expected to be fully operational by October 2016.
Strong demand from packaging, industrial and automotive industries
PTi needs additional manufacturing space to assemble its sheet extrusion systems, according to Dana Hanson, PTi president. The company sees strong activity for sheet extrusion equipment in the packaging, industrial, and automotive industries.
Dryer-less technology to become new “norm” for PET/PLA processing
In particular, PTi has established itself as the leader in dryer-less PET systems in North America. The company has sold 17 systems in four years and predicts steady growth as dryer-less technology becomes the new “norm” for PET/PLA processing. The multi-resin functionality makes the technology extremely attractive and versatile, said Hanson.
Technology Development Center dedicated to product development
An integral part of the expansion is a 15,000 ft2 (1,393 m2) Technology Development Center that will be dedicated to product development and process trials for customers on production-scale systems. This space will accommodate up to three different systems including the patented High-Vacuum Twin-Screw Extruder dryer-less technology, a conventional multi-layer (barrier) system, and a third system with newly patented sheet extrusion technology that will be released soon. All demonstration systems will feature winders for producing roll stock.