POMONA — The demand for bright plastic security seals that help prevent millions of dollars in losses is fueling a local company’s growth.
Cambridge Security Seals moved into its offices and factory in October and sales of its custom-made, single-use seals have been so healthy that the company expects to add up to seven new plastic molding machines to the five it currently runs 24 hours a day, five days a week.
“It’s a very low-cost solution for what’s potentially a very costly problem,” said company President Elisha Tropper, 43, whose custom-made seals cost five to eight cents. “If you’re shipping a truck full of pharmaceuticals across the country, you want to make sure no one is tampering with it.”
Besides trucks, the company makes security seals for food manufacturers, cash handlers, airline food suppliers, customs patrol inspectors and retailers.
Tropper, a Scarsdale resident, said he chose Rockland County for his company’s location because of the talent pool that already existed in the area. A competitor, the Stoffel Seals Corp., is located in Nyack and its parent company E.J. Brooks filed a federal lawsuit against Cambridge Security Seals on April 12 alleging theft of its manufacturing process, a claim Tropper denied.
The company invested $3.5 million in the acquisition and renovation of its 25,000-square-foot facility at 1 Cambridge Plaza off Route 202, the former location of the Casso Solar Co. There are 21 employees, and Tropper expects his staff to grow to 35 in three years. Cambridge Security Seals makes about half the seals it sells, while the other half is made by other companies.
Harold King, executive vice president of the Council of Industry, a manufacturers association, said there were pockets of opportunity for smaller-scale manufacturers throughout the Lower Hudson Valley.