Cool Polymers Inc. (North Kingstown, RI) has had significant increase in demand for its thermally conductive plastics and injection moldable metal alloys, enough to cause it to relocate its headquarters, R&D, and production from Warwick, RI to a new 40,000 ft2 facility that allows for a significant expansion of production capacity.
Despite the weak economy and associated slowdown in the plastics sector, Cool Polymers had a record year in 2009, which continued into 2010 with 30% growth recorded during the first half of the year. Besides the pressure that this growth has put on production capacity, the company also wanted to provide more training facilities and demonstration space for its growing customer base.
"In the new facilities," says company general manager Kevin McCullough, "we will be placing additional focus on numerous growing markets that depend on our products. These include LED lighting, electronics, connectors, thermal management, medical and consumer devices, automotive and appliance, among others."
Growth is occurring in both the company's CoolPoly thermally conductive materials and its Xyloy injection moldable metal alloys. The new facility includes dedicated space for molding demonstrations and molder training for the Xyloy material. The North Kingstown facility is 12 miles from the site Cool Polymers had occupied for over 10 years in Warwick, and logistically well positioned with air, road, rail, and sea access.