CR Plastic Products, based in Stratford, Ontario, manufactures high-end outdoor furniture from recycled plastics.
According to Chief Financial Officer Bruce Valentine, the company’s sales have grown at a rate of 40% over the past few years, and this growth rate has allowed the company to expand its original production base in Stratford three times and purchase it. More equipment to increase production capacity. In another interview, Valentine said that he has invested millions of dollars in expansion.
On August 22nd, CR Plastic held a ribbon-cutting ceremony at its 300,000-square-foot facility where founders Jamie Bailey and Trudie Wiseman celebrated their business for more than 20 years.
CR Plastic is investing heavily in robotics and CNC equipment, which are mainly used to stir plastics and wood, extrude recycled plastics, put in proprietary templates and CNC machines to complete parts, assemble them by robots, and then make chairs. Other outdoor furniture will then be sold through special retailers such as garden companies.
Valentine said that the company's main raw materials for outdoor furniture are post-consumer high-density polyethylene and low-density polyethylene, of which milk cans, horizontal covers and US Postal Pallets are also sources of raw materials. The company consumes approximately 5 million pounds of recycled plastic each year.
After purchasing new equipment, the company's employees are working day and night seven days a week to meet the demand for orders, usually running 300 machines per day. The outdoor furniture it produces is mainly in the traditional Adirondack style and modern style. They are exported to Canada, the United States and Europe, and exports account for about 60% of the total. Valentine said even indoor furniture retailers are showing their outdoor furniture products in their showrooms.
VValentine predicts that the company will buy more equipment to develop new technologies. The company has more than 200 employees, and a business magazine revealed that its annual sales exceeded $20 million.
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