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Through our Technology Center, Technimark has in-house, full-service product development capabilities. Opportunistically, when we identify a market need where we can use technology to provide a unique offering, Technimark will leverage our Technology Center to develop our own products.
Technimark creates the product design, production technology and invests in the manufacturing equipment to produce the product, all in a cost effective way that is passed onto the marketplace. This allows Technimark to exercise our creative capabilities to explore disruptive technologies that help us to enter new markets and which are also transferrable to other applications. One of Technimark’s unique proprietary products is the recycling and compounding of plastic materials for re-use in our injection molding facilities or for sale in the market. Technimark has been recycling plastic materials since 1995. We set-up this facility when we realized customers of our proprietary products were throwing some of our single-use packages into landfills. We began a recycling and separation facility to recover this plastic. This has since evolved into one of the largest recycling facilities in the US, recycling millions of pounds of material every month.
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