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Article: Apex Resource expanding staff.(News)
- Article from:
- Plastics News
- Article date:
- November 9, 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: Frank Antosiewicz
Apex Resource Technologies Inc. is expanding its medical-device capabilities with the help of a $5 million financing package developed through Massachusetts Housing Investment Corp., a private, non-profit lender.
Pittsfield, Mass.-based Apex, which does engineering, design and injection molding, plans to add 15-20 employees to its staff of 60 in the next 18 months as it expands its workload.
"We expect sales as a result of this to grow by 40 percent in the next year. It is very exciting and it's the kind of work that can't be done offshore, said Apex President Don Rochelo in a Nov. 3 telephone interview.
He ...