Plastics Extruder Has Optimistic Outlook And New Name

Nov. 2, 2009
Filtrona Extrusion is now Pexco

Filtrona, an extrudersof plastic profile, tube and sheet is reporting positive indications for growth. It also announced, on Nov. 2, a new name -- Pexco.

"Signs of economic recovery are already evident in certain markets," Pexco CEO Neil Shillingford said. "We have worked hard through the downturn to protect our resources -- both equipment and people -- and now we are ideally placed to grow as the market begins to pick up. We see our growth coming from continued commitment to our existing markets, also a renewed focus on product development and strategic acquisitions."

Pexco, which has been the brand name of the company's medical tubing products, chose its new name to emphasize a unified approach across multiple markets and production sites. Other brands that are now part of Pexco include Davidson Traffic Control Products, PDS Fence and A&B Plastics, a brand in the aerospace industry.

The company operates 126 extruders, 51 co-extruders and six sheet lines in 750,000 sq. ft. of production space. It ships more than 70 million pounds of extruded plastic product annually.

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