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Prime Industries Receives $100,000 Loan to Grow Business

L-R Joel Arrendondo, City Council President; Mayor Tony Krasienko; Richard Persico, President, Prime Industries; Joe Persico, Sales Manager, Prime Industries; and Robert Gilchrist, Director of Public Service.

May 26, 2008 — , a custom molding company in the plastics industry, received a $100,000 working capital loan to add five new employees to the existing 25. Prime Industries fills a void in the plastics molding industry because of their ability to produce custom casting plastic parts for a variety of industries.

While the thermoplastic injection molding industry is geared toward high volume production with extensive capital outlays for tooling, Prime is able to mold small or large quantities of plastic parts with low tooling costs. Prime Industries is comfortable working on just a few pieces for prototypes or setting up to run thousands of production parts.