PLNI -- Plasticon Announces Record Mold Construction at Its Pro Mold Subsidiary
LEXINGTON, KY, Sep 26, 2006 (MARKET WIRE via COMTEX) -- Plasticon International Inc. (PINKSHEETS: PLNI) announced today that its Pro Mold, Inc. subsidiary achieved a record in plastic mold construction in its 21-year history.
Mr. James N. Turek, Sr., President of Plasticon, noted that, "Pro Mold achieved the highest plastic mold production construction level in its 21 year history with 31 new molds under construction! This is a remarkable achievement and due in no small part to the outstanding effort of our Sales Manager, Matt Lang. Each of these molds requires new tooling and depending upon the complexity of the design and other attributes, each mold requires eight to 30 weeks of work. The sales value of these molds likely approximates $600,000 based on our current estimates and will generate $528,000 in additional product sales."
Mr. Turek also reported that, "We are looking toward further growth in 2006 and we remain optimistic that our opportunities in the plastic mold markets may offer us new growth potential in future years as we look ahead."
About Plasticon International, Inc.
Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, and plastic lumber which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a green Company, environmentally friendly, using recycled plastics to produce its line of products.
Plasticon International, Inc.:
James N. Turek, Sr.
President and CEO
3288 Eagle View Lane Suite 290
Lexington, Kentucky 40509
web site: www.plasticonintl.com
Contact Investor Relations:
Andrea Cox
Ph: 866 843 2775
SOURCE: Plasticon International Inc.
CONTACT: plasticonintl.com
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