Raleigh adds to stable of presses

By Bill Bregar
Senior Staff Reporter

Published: December 23, 2011 6:00 am ET

Related to this story

Topics Injection Molding, Machinery, Molds/Tooling

KENLY, N.C. (Dec. 23, 10:20 a.m. ET) — Raleigh Precision Products Inc. is buying four Nissei injection presses, each with 400 tons of clamping force, and adding its third three-dimensional printer for prototyping.

The 400-ton Nisseis will join a 95-ton Nissei press that the company bought in early November, according to owner and President Pete Smith.

“Everything we’ve bought in the last year-and-a-half has been Nisseis,” Smith said.

The new equipment will give the company a total of 31 machines in the first quarter of 2012, he said. The clamping forces range from 30-650 tons.

Raleigh Precision has done machining to make prototypes. But this fall, the company invested in a uPrint 3-D printer to make parts more quickly.

Smith started Raleigh Precision in Wendell, N.C., in 1985. Ten years later, he expanded to Bailey, N.C. In 2007, the company moved to its current 45,000-square-foot factory in Kenly, N.C. All the towns are in the Raleigh, N.C., area.

Raleigh Precision employs about 40 and generates annual sales of about $6 million.

John Collins, general manager, said sales have doubled since 2007. “We’ve been steadily buying equipment,” he said.

The company makes a diverse range of products, including a proprietary line of overmolded filter frames for commercial and industrial buildings. Custom-molded products include baluster spindles that support a railing on a deck or stairway, in-ground termite stations, rodent traps and a roof vent replacement.

According to Smith, Raleigh Precision has grabbed some molding work from China: a project for Stanley Hand Tools making handles for hand saws. Smith said the unit of Stanley Black & Decker Inc. brought production back to the U.S. to be closer to its U.S. saw blade factory.


Comments

Raleigh adds to stable of presses

By Bill Bregar
Senior Staff Reporter

Published: December 23, 2011 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Jarden hiring for new plastics plant

December 19, 2014 1:45 pm ET

Consumer products conglomerate Jarden Corp. is hiring plastics technicians for a new operation in Erlanger, Ky.    More

Image

The return of HPM's big presses

December 19, 2014 11:47 am ET

HPM is back in big injection molding machines.    More

Image

Auto, medical, packaging all lead to solid sales for compounding extruders

December 18, 2014 6:00 am ET

Compounding extruder sales tend to be cyclical, but machinery makers report another solid year — thanks to automotive, medical, food packaging...    More

Image

Indian auto parts maker set to buy assets in Germany, Mexico

December 18, 2014 10:35 am ET

Indian auto parts maker Samvardhana Motherson Gropup is buying the assets of insolvent German plastics car parts producer Scherer & Trier (S&T).    More

Image

Quick-Start manifolds designed to complement Rheo-Pro hot runners.

December 17, 2014 6:00 am ET

MHS Mold Hotrunner Solutions of Georgetown, Ontario, has introduced the pre-engineered Quick-Start line of hot runner manifolds, designed to complemen...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events