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Contact Industries invests in future

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High Five
Friday, October 08, 2010

The Prineville Contact Industries plant is installing their third "bag house" to replace two less efficient "cyclones."

It's a significant investment in a timber industry that has suffered from low prices and lack of demand.

The bag house will cost the local plant $500,000 up front, and is being funded by the owners of Contact Industries. For [Vice-President of Manufacturing Bob] Horton, the investment flies in the face of most current business practices trying to weather the economy.

“I don’t think you’re seeing a lot of companies investing in capital right now,” he said. “That’s why we appreciate the funding to invest in a major plant improvement.”

“It’ll be a payback in about three years,” Horton said. “We are doing things in a positive manner and being proactive with our goals.”

Read more at the Central Oregonian.


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