While all the talk of late centers around reshoring manufacturing, Intertech Plastics Inc. created its marketing plan around the value of being a regional supplier. The plan has paid off in customers making the choice to shorten their supply chain and manufacture locally. Last year, as a result of a big increase in business, Intertech Plastics (www.intertechplastics.com) recently invested $2 million in new molding equipment and automation.
The custom molder, located in Denver, CO, just added two new Husky 1000-ton presses and the related automation, and installed a state-of-the-art centralized chilling system. This expansion allows Intertech to support its customers’ needs for high-volume production, warehousing, and distribution to the western United States, within a cost structure that keeps the company competitive in a global marketplace.
“It’s simple math,” noted Noel Ginsburg, CEO and president of Intertech Plastics. ”When our customers account for their total cost of doing business, we are now very competitive with China and other Asian suppliers. Chinese manufacturers are experiencing double-digit inflation in wages and other manufacturing costs.