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Article: Lifetime innovates to stay viable in slump.(News)(Lifetime Products Inc. )
- Article from:
- Plastics News
- Article date:
- April 20, 2009
- Author:
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Steve Toloken
Like many businesses, American blow molder Lifetime Products Inc. sees innovation as vital to its future.
But Lifetime, which says it's the world's largest maker of blow molded polyethylene table tops, basketball sets and storage sheds, is also in the midst of a significant international expansion aimed at giving it better low-cost production capacity and factories closer to emerging markets.
It opened a new blow molding facility in China in September, replacing an older plant there, and plans a smaller blow molding factory in Mexico within the next year.
Lifetime President Richard Hendrickson, during a recent ...