Plasticon International, Inc.'s Wholly Owned Subsidiary, Pro Mold, Inc. Expands Product Line With New Refrigeration Component
LEXINGTON, KY, May 02, 2007 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) announced today that the Company's wholly owned subsidiary, Pro Mold, Inc., has recently started initial production on a housing component for commercial refrigerators. The Company has produced initial parts that are undergoing rigorous testing by the customer. Full production is expected to begin within the next two weeks, which could potentially generate an estimated $150,000 in new sales for Pro Mold.
Pro Mold contracts the manufacturing of the injection mold and produces the new housing component. The component is a large plastic housing that replaces the existing metal pieces. It contains a condenser coil and a circulating fan used in commercial refrigeration units. The plastic housing will allow for quieter units and will eliminate rusting.
"The pilot build will allow engineers to fully test out the design before Pro Mold goes into full production. With the change from metal to plastic, this new component is expected to be manufactured and used in most, if not all new commercial refrigeration systems," stated Jim Turek, CEO and President of Plasticon International, Inc.
The Company recently announced that Pro Mold, Inc. has started initial production on the order for the "Hurricane Clips." The "Hurricane Clip" is designed to protect homes and businesses from potentially damaging hurricanes and is a replacement for traditional plywood used by most residential and commercial property owners. This new order for the product represents new technology resulting in potential sales of $250,000.00.
....BTW ..
while watching the on-site video, I saw that they also make the big green plastic hose spray gun handle. |
