C+K expanding in North Carolina, adding solar power | Plastics News

2022-09-09 20:48:18 By : Ms. Rosa Zhang

Thermoformer C+K Plastics Inc. has moved the Charlotte, N.C., operation it bought last year into a larger facility 30 miles north in Mooresville, N.C., and also is converting that plant and another to solar energy.

Thermoformer C+K Plastics Inc. has moved the Charlotte, N.C., operation it bought last year into a larger facility 30 miles north in Mooresville, N.C., and also is converting that plant and another to solar energy.

C+K added the Charlotte plant last year when it purchased Piedmont Polymers & Fabrication LLC after Piedmont filed for Chapter 11 bankruptcy protection. But the 85,000-square-foot, leased plant had its limitations, and C+K wanted to be able to configure a facility to suit its own needs. So the company bought the 100,000-square-foot Mooresville site and moved July 1, David Grice, vice president of sales and marketing, said in an email.

Grice said C+K bought some new new equipment for the site, which is outfitted for vacuum forming, pressure forming and twin-sheet forming. The company declined to disclose details about the new equipment or say how many jobs were created. Plastics News estimated earlier this year that the Metuchen, N.J.-based company had 20 thermoforming machines and employed 200.

Plastics News also estimated C+K's 2021 sales at $30 million, placing it at No. 58 in the PN thermoformers ranking. Grice said sales should exceed $35 million this year.

"We will continue to move new business into this facility due to our other two facilities being near capacity," he added.

C+K is spending about $800,000 for the move and equipment, and an additional $1.1 million to convert the Mooresville facility and its third plant, in Conyers, Ga., to solar operations.

The company, founded in 1963, converted half of the energy needs of its Metuchen plant to solar in 2011. At the time, C+K owner Bob Carrier projected annual savings from the conversion at $2.7 million.

As for the current conversions, Grice said, "There will be a saving over time in converting. [The] program worked out very well at the New Jersey facility."

The company expects to complete the move to solar in Georgia by the end of this year. The Mooresville plant should be done sometime in 2023, Grice said.

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