Plastics firm building in Business & Technical Park
A local industry is getting set to occupy its new facility in the New Richmond Business and Technical Park.
Accelerated Plastics LLC, a Hudson-based plastic injection molding company, is building a new 10,000-square-foot plant along Madison Street near Wal-Mart.
According to President Bill Johnson, the company founder, they hope to be moved into the building in the next four weeks if all goes well. They broke ground on the new facility on Sept. 15 and the construction of the building has moved ahead quickly.
"We want to move as quick as we can get in there," Johnson said. "Right now our hands are tied because of a lack of space."
The added space will allow the company to purchase extra machinery for its work, plus provide space to store some customer inventory on site.
Accelerated Plastics started out humbly four years ago, as Johnson left a job with an existing plastic injection company to make a go of it on his own.
"It was just myself and one customer back then," he recalled. "It was kind of gloomy. I looked at the four walls and said 'now what.'"
It didn't take long for the business to expand, however. It's grown from one plastic injection machine to six current machines. The company now employs six people.
"It's been fun and it's been challenging," Johnson said of the past four years.
With the added space the new building will provide, Johnson said he hopes to hire four additional employees in the next couple years. He'd also like to start a second shift in order to keep on the growing number of orders.
"This will give us the opportunity to grow," he said.
He said City officials have been great to work with in New Richmond and he looks forward to establishing a business locally.
"The people there have been very helpful and easy to work with," he said. "They made it very easy to choose New Richmond."
Apart from the custom injection moulding business, Accelerated Plastics also does assembly and packaging work for customers.
One big reason for the company's recent growth, however, is its new rapid process. Their most recent process allows Accelerated Plastics to produce a limited number of parts in just three to five days.
The quick process can be important to small manufacturers who need parts quickly, Johnson said.
"This is allowing us to get new customers on board," Johnson said.
Accelerated Plastics works with clients across the U.S., including California, Virginia and Minnesota.
They produce parts for electronics, outdoor recreation, hunting, medical and consumer products.
"We do a little bit of everything," Johnson said.