On Feb. 22, newly elected U.S. Senator Pat Toomey (R-PA) visited Tech Molded Plastics Inc., a custom molder in Meadville, PA, to tour the company’s high-tech operation and discuss economic and political conditions that triggered the recession. Scott Hanaway, president and CEO of Tech Molded Plastics, had a lot to show the senator.
The company recently acquired an adjoining facility formerly owned by Trojan Inc., DIC Tool Division, which nearly doubled the company’s total footprint to more than 92,000 ft2. In 2010, Tech’s growth included more than a million dollars spent in self-funded improvements in plastics processing technology, computerized monitoring of plastics processes, six new presses ranging from 110-120 tons, and training programs for employees. ...