(MENAFNEditorial)
Techmer PM a Tennessee-based maker of thermoplastic resins will relocate its Pennsylvania production facility to New Castle DE reports delawareonline.com.
Delaware’s Council on Development Finance approved a $315879 performance grant tied to job creation as well as a $60000 grant to support upgrades at Techmer’s proposed Delaware location in a 122000-square-foot building at Centerpoint Business Complex.
Launched in 2004 Techmer ES – a subsidiary of Techmer PM – makes custom-engineered plastic compounds that equipment manufacturers used to create parts for printers vehicles and medical equipment through injection molding and 3D printing. The company which also operates production facilities in Tennessee and California acquired three buildings – totaling 50000 square feet – in Delaware County Pennsylvania when it purchased TP Composites in 2013.
“We knew we were going to outgrow those facilities when we acquired them” said Tom Drye the company’s managing director. “So about a year ago we began looking around the Tri-State area for a location where we could consolidate those operations and have room for future growth.”
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