Sales
2003 proved to be a record year for product sales as Westmoreland Plastics continued to gain additional thermoset business. Several new accounts helped to more than offset the loss of two long time customers, both ceasing operations during the course of 2003.
Sales projections for 2004 indicate continued growth as Westmoreland continues its leadership role as a custom thermoset molder and also looks to add new thermoplastic injection business. Value-added projects such as complete or partial assemblies are being evaluated as well.
2003 proved to be a record year for product sales as Westmoreland Plastics continued to gain additional thermoset business. Several new accounts helped to more than offset the loss of two long time customers, both ceasing operations during the course of 2003.
Sales projections for 2004 indicate continued growth as Westmoreland continues its leadership role as a custom thermoset molder and also looks to add new thermoplastic injection business. Value-added projects such as complete or partial assemblies are being evaluated as well.
On October 3, 2003, Westmoreland Plastics successfully completed the upgrade to the new ISO standard 9001:2000. WPC continues to invest in this most valuable management tool in order to maintain status as one of the top thermoset molders in the United States.
New
Equipment
Four new and rebuilt thermoset injection machines ranging from 120 ton
to 250 ton have been delivered to our plant in Latrobe, PA. This new equipment
will replace three old machines that are being retired as a result of
this acquisition.
In addition, we have purchased a new Apex Whisper Stuffer unit to significantly
enhance our ability to process thermoset polyester (Bulk molding compounds).
Equipment purchases being considered for 2004 include automatic conveying
and parts handling equipment as well as automatic vision inspection devices.
Mike Skapura has been promoted to the position of General Manager. Mike has been with us for 10 years and is a valuable member of our management team. He has always played a significant role in the growth and continuous improvement of Westmoreland Plastics. Mike will continue to interface with all of our customers. However, he has assumed additional operational responsibilities including personnel and asset management.
Renee Peterson has been promoted to the position of Manager of Customer Service. Over the years many of our customers have dealt with Renee and her assumption of various duties previously handled by Skapura has gone quite well..
Plant Expansion
The 3,750 square foot warehouse building located across the street from the main plant is now fully functional and plays an integral part in our Kanban and other customer stocking programs.