Press Releases
Intertech Plastics, Inc. Experiences 100% growth in 2011 and expects similar growth in 2012.
The China Factor in Reverse!
DENVER, CO January 2, 2012 – Intertech Plastics has seen its business double in 2011 topping $20MM in sales. Even more exciting is the company’s anticipated sales of between $38MM and $40MM for 2012, representing two years in a row of 100% growth. Company President, Noel Ginsburg stated that “the company is seeing an influx of business from China, and doesn’t believe the trend will slow any time soon”. In addition to new business taken from overseas competitors, Intertech has acquired new accounts that require a Western US shipping/manufacturing point. “For a manufacturing company in Colorado to see this type of growth is refreshing” Mr. Ginsburg stated. The company has added over 25 employees during the last quarter of 2011. Additional employee hiring is anticipated in 2012.
To support the increase in business Intertech has will be investing over $2MM in new equipment, starting with a 1000 Ton Injection molding machine delivered the last week of 2011. A second, 1000 Ton Injection Molding machine will be delivered in March, with a third in the second half of the year. In addition to the new injection molding machines, Intertech is making investments in additional automation and other infrastructure improvements.
“We recognize that the customer comes first. Creating a customer centered model that utilizes highly trained project and quality engineers to assist with customer needs; including cost reduction, program management, program transfer, and continuous improvement.” states Keith Hamilton, Sales Manager and 12 year Intertech veteran. The customer centered relationship is not new to this 32 year old manufacturing company founded by Noel Ginsburg in May of 1980.
The company continues to leverage technology to enhance its customer’s experience. Customers have the ability to log in to Intertech’s customer portal and gain immediate access to their inventories, shipping history and invoicing. In addition, the company maintains quality data in the Intertech “cloud” allowing customers to access meeting notes and task lists in real time.
The core of Intertech’s values is community involvement. Ongoing involvement in the community includes weekly high school mentoring classes, a charity golf tournament (Raising over $100,000 for United Way over the last 10 years), and cash gifts to name a few. Over its 32 year history Intertech Plastics continues to be recognized for its many humanitarian initiatives by local and national groups.
It is not one continuous improvement objective, one community program, or one account that makes Intertech Plastics the right choice for molding in the Rocky Mountain Region. Rather it is the employees and their ability to meet each of the new challenges that faces our business in a changing global economy. “We are extremely fortunate to be on the leading edge of manufacturing growth in Colorado, providing opportunity to our existing employees and new jobs for our community as our business grows”, stated Noel Ginsburg.
For more information please contact Noel Ginsburg at 303-375-3302 or Keith Hamilton at 303-375-3160.
Intertech Plastics Supporting Job Growth in Colorado
- 9News - 'Local company benefits as U.S. manufacturing numbers add up'
- 9News - 'Denver jobs an example of the first signs of private sector job growth'
Spirit of Hope Award, Mile High United Way
The United Way Spirit of Hope Awards "recognizes companies that have excelled in a particular area of community involvement. The award honors organizations that have gone above and beyond in promoting community service throughout their companies and have demonstrated outstanding achievements in one or more of the four categories: Employee Campaign, Corporate Contributions, Leadership Programs and Volunteer Programs. In 2007 Intertech Plastics ran a campaign encouraging employees to donate to local community programs through Mile High United Way. The efforts achieved an exceptional 97% participation from Intertech's employees, and earned the company the Spirit of Hope Award for the best Employee Campaign for a Small Business.
Outstanding Community Volunteer, Goodwill Industries of Denver
On Thursday, June 12, 2008 Goodwill Industries of Denver, recognized Intertech Plastics as an Outstanding Volunteer in the Denver community. The award acknowledges Intertech's ongoing support of the Goodwill Mentoring Program, where five Intertech employees mentored students at Montbello High School during the 2007-2008 school year. Intertech's School to Career Initiative, along with Goodwill's mentoring program are designed to prepare teens for real world challenges and opportunities, through education in areas such as decision-making, college preparation, and financial literacy.
Press Releases from Intertech Plastics, Denver, CO
12850 E. 40th Avenue Denver, CO 80239
Phone: 303-371-4270 | Fax: 303-371-4901
©2008 Intertech Plastics, Inc.