Plasticon Dramatically Increases Production Capacity With State-of-the-Art Toyo Molding Machine Molding Machine Allows Plasticon to Produce an Additional 1.2 to 1.5 Million Pieces per Month and to Meet Significant Increase in Demand 10/13/2005 8:52:49 AM
LEXINGTON, KY, Oct 13, 2005 (MARKET WIRE via COMTEX) -- Plasticon International Inc. (PLNI) is pleased to announce that the company has received a 500-Ton Toyo Molding Machine at its new manufacturing facility, which allows the company to meet significantly increased demand for its patented line of recycled plastic products.
"The Toyo Molding machine is one of the most innovative, reliable, state-of-the-art machines in the molding industry," said Jim Turek, President and CEO of Plasticon International. "It's the Cadillac of the industry. With the Toyo, we will now be able to accommodate the largest state-of-the-art, next-generation molds and to significantly increase our production capacity as demand continues to rise. Our new facility allows us to expand our production capacity for an additional $20 million in manufacturing and sales annually."
Mr. Turek also mentioned that the Green Baron will be conducting a webcast with himself and senior consultant Bill Howe at a date to be announced next week. The webcast will give current and prospective shareholders an update regarding recent exciting developments with the company.
For more information about the company and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site at: investors.com. It can also be viewed on the Plasticon International web site at: plasticonintl.com.
About Plasticon International, Inc.
Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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. marketwire.com
Plasticon International, Inc.: Jim Turek President and CEO 3166 Custer Drive, Suite 101 Lexington, Kentucky 40517 web site: www.plasticonintl.com Contact Investor Relations: Matt Maguire Ph: 866 843 2775 . |