B.C. extruder closes after 33 years in business
Celco Plastics Ltd., a Surrey, B.C.-based custom profile extruder, has shut down its operations. The company stoppe...
April 23, 2007 by Canadian Plastics
Celco Plastics Ltd., a Surrey, B.C.-based custom profile extruder, has shut down its operations. The company stopped operating its extrusion lines on March 9, and the office is set to close at the end of April.
The company had been in business for more than 30 years, and a spokesperson at Celco’s offices cited a “lack of sales” as the reason behind the closure. Prior to closing, Celco employed more than 20 people and ran 11 extrusion lines out of its plant facility.
Celco merged with Topre America Corp., a Tokyo, Japan-based manufacturer of automotive pressed components, in 1995. Officials at Topre could not be reached for comment.
According to Celco’s spokesperson, an unidentified competitor heard about the company closure and offered to buy the equipment, customer list and any leftover material. The building is also up for sale.