August 26, 2016 Updated 8/26/2016
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Taipei, Taiwan — Taiwanese recycling equipment and blow film extrusion machine maker Polystar Machinery Co. Ltd. is spending $ 9 million to build a new factory that will increase its capacity and upgrade its showroom and testing center.
In an Aug. 15 interview at the Taipei Plas trade show in Taiwan, the company said it hopes to complete the new 107,000 square foot facility, near its existing headquarters and factory in the city of Tainan, by 2018.
“We are looking to increase the production capacity of machinery by at least 50 percent and have the potential to eventually double the capacity if the sales continue to grow as planned,” said Sales Manager Jack Lin.
The company will keep its current factory for additional production and spare parts, he said.
Polystar has annual sales of about $ 20 million, and since launching its brand under the Polystar name, has transitioned from being a contract manufacturer making equipment for European firms to selling its own equipment.
The vast majority of the company’s sales today are the Polystar brand, Lin said.
The company started manufacturing equipment in 1988 and has delivered more than 3,200 recycling machines to more than 102 countries.
Lin said they believe the firm’s sales are growing because it’s focused on designing simpler, automated recycling machines that tightly integrate functions including cutting, extrusion and pelletizing.
“Our focus is on making recycling extremely simple and user friendly for our customers,” Lin said. “Over the past 30 years, we’ve tried to do all this different kind of engineering to really improve the machine. At some point, we were making it too complicated.”
Customers “want something very simple and easy to maintain, to teach their operators,” he said.