Polymet Increases Cored Wire Capacity
Polymet Corporation announced that it will increase its capacity for their cored wire manufacturing process. The company plans on upgrading current machinery as well as purchasing an additional mill to drive production.
Cored wire, also known as flux cored wire and metal cored wire, has become a staple at Polymet alongside hot extruded solid wire products. Cored wire consists of an outer metallic sheath housing an internal powder core, suitable for both thermal spraying and MIG welding operations. Business for these cored wire products have grown tremendously for Polymet over the last several years and increasing capacity will enable production to meet the growing demand.
A major capital investment for this project will include the additional of a new mill. This will allow for significantly larger output, shorter lead times for customers, and the ability for research and development engineers to experiment more frequently. Improvements to existing machinery will also take place. The project is expected to be completed over the next 8 to 10 months.
“Our cored wire products have really taken off over the years, especially for the thermal spray industry,” says Bob Unger, Sales Manager at Polymet. “It is critical for us to deliver the attention necessary to increase our output for these products. I am very excited to be involved in the development and growth of this area at Polymet.”