Golden Valley, MN, July 12, 2012 --(PR.com
)-- Minnesota-based injection molding company continues to expand to maintain current growth trend
Anchor Plastics experienced its highest volume of sales and production in the company's history in May 2012. With 54% higher sales and production than months prior, the company has taken steps to support this growth. It has hired a new Sales Coordinator and Marketing Intern, and is now in the process of adding to its engineering and production team.
The company closed up 12% over the prior year's sales and projected a 25% growth in 2012. Anchor has passed that growth and is now expecting a 50% increase in the second half. With this increase in sales Anchor is planning to grow its sales staff by 27%. The company is also planning a $300,000 expansion which should take place in the fourth quarter.
"I am happy to say we have a lot of opportunities on the horizon, as well as amazing customers, suppliers, and employees," says President/CEO, Steve Rogers. "Having come out of the highest sales month in the company's history, I am very excited to see what the rest of the year holds."
Anchor Plastics, Inc. is a manufacturer of injection-molded products. For over 40 years, Anchor has specialized in high precision plastics, designs, and processes. Its market is diverse and includes but is not limited to automotive, aerospace, military, and medical. Anchor attributes most of its success to the quality of its customers. Therefore, it is committed to improving its products and services so as to enable the continued prosperity of both its employees and its customers.
For more information contact:
Ellie Karamati, Marketing Intern
Anchor Plastics, Inc.