Parkinson Technologies has experienced record growth in 2008, seeing increased sales of over 30% from 2007. To keep up with the increased demand for the company’s products which include Marshall and Williams plastics processing systems, Parkinson Winders and Key Filters melt filtration equipment, Parkinson has added numerous employees (the company’s workforce was expanded by 15%) and restructured its Operations organization.

In addition to adding employees, the company has expanded its Manufacturing Department by adding additional CNC machining centers to keep up with the demand for machinery and spare parts orders.

Parkinson experienced strong sales of its machinery to the plastics industry for film and sheet applications in North America, Europe and Asia. This included sales of Marshall and Williams machine-direction orientation (MDO) systems and biax film production lines, and numerous Parkinson winders. However, the company also saw strong activity in other markets including rubber, nonwovens, and paper applications. In addition, the company’s state-of-the-art pilot production facility was busy throughout 2008 with projects for many emerging technologies and applications, including bioplastics development.

“We have had a breakthrough year in 2008,” said Peter Termyn, President and CEO of Parkinson Technologies.  “Going forward our plan will continue to be to realize solid, sustainable growth and we’re highly focused on achieving these objectives.”

Parkinson has a healthy backlog going into 2009.  “While we are in a down economy, there are still opportunities out there for companies that can offer the right product and service solutions to its customers,” said Termyn.  “It’s a global market and we are poised to continue the success we’ve achieved in 2008.”