Bloomer Plastics Increases Capital Investment To Expand Manufacturing Capacity
BLOOMER, Wis., May 5, 2014 /PRNewswire/ -- Bloomer Plastics, Inc., a leading producer of custom engineered cast embossed films for the industrial, medical and packaging markets, today announced the completion of a multi-million dollar capacity expansion program designed to address strong demand for its unique polyolefin-based products.
"Given the robust demand for our custom engineered film solutions, we are accelerating our capital spending plan," said Kevin Keneally, President and CEO of Bloomer Holdings, Inc. "The two major programs just completed, represent historical levels of capital investment in our business and will improve our level of customer satisfaction."
Projects finalized in April include a plant-wide debottlenecking initiative in addition to a plant expansion and installation of a new state of the art cast film extrusion line. The new coextrusion line is capable of producing the latest evolution of the company's products and is its first new line in ten years. Combined output improvement between the two projects will exceed an incremental 25% on an annualized unit volume basis.
About Bloomer Plastics:
Based in north central Wisconsin, Bloomer Plastics is a leading domestic and international engineered films producer for high performance industrial, medical, automotive, agricultural and consumer market segments. The company excels in the design of value-added cast embossed film structures and laminations for the most demanding applications. Certified to ISO 9001:2008 standards, Bloomer Plastics is focused on offering exceptional speed to market for new product development and excels in delivering quality, service and technology to its valued customer base. The company is privately owned by management and Huron Capital Partners.
SOURCE Bloomer Plastics, Inc.