PlastiComp, Inc., Acquires Global Headquarters/Technical Development Facility

january 16 2012

PlastiComp, Inc. is increasing investment into development of LFT (Long Fiber Thermoplastic) technology to support rapid business growth. The company has purchased the Winona airport campus facility from Minnesota State Colleges and Universities (MNSCU). The new facility is the center of technology development for PlastiComp’s LFT compounds and parts businesses. Corporate administrative offices and technical development projects are also located at the facility. LFT pellet production continues at the previously established Winona plant on McConnon Drive, Winona, MN. The new LFT facility will also provide space for future expansion for additional LFT pellet production.

PlastiComp manufactures LFT pellets for the global LFT market. Complete composite pellets brand of LFT compounds is made by and sold by PlastiComp. PlastiComp also manufactures LFT pellets for other companies that sell these products under their own brand names throughout the world. PlastiComp also licenses LFT technology to other companies to enable them to make LFT pellets.

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