Plastikos invests in new Arburg presses

By Robert Grace
Associate Publisher & Business Development Director

Published: April 5, 2012 6:00 am ET

Related to this story

Topics Medical, Injection Molding, Machinery

ORLANDO, FLA. (April 5, 6:55 p.m. ET) — Custom injection molder Plastikos Inc. agreed at NPE2012 to invest nearly $500,000 in three new Arburg presses that will replace three aging Demag machines in its Erie, Pa., headquarters facility later this year.

Plastikos manufacturing manager Robert Cooney said in an interview at the show that his firm on April 3 purchased one 220-ton, hybrid 570A model press and a pair of 88-ton, all-electric 470A models. This continues a trend toward Arburg for Plastikos, which with this deal will now count 11 Arburgs among its 30 total injection molding machines. The larger press should be delivered by June, with the two smaller machines due to arrive this fall.

“The level of engineering and technical support that Arburg provides us is very much like what we provide to our own customers,” Cooney said, noting that there is good synergy between the firms. That said, Plastikos does not intend to buy all of its equipment from any single source, and so will continue to look at other options, going forward.

Plastikos intends to make further capital investments this year, for inspection and auxiliary equipment, and to expand and upgrade its current RJG Inc. process monitoring equipment.

While the new replacement presses will not increase the molder’s capacity, Cooney said their higher levels of precision and accuracy are important to meet the demanding applications they see in their end markets of military, aerospace, electronic connectors and medical devices.

Plastikos’ fledgling medical business continues to grow, said Cooney. At present, the company has just two presses in a Class 10,000 clean room in Erie, but they are running at full capacity now on a project for a San Diego-based medical device original equipment manufacturer. He said they have finished building all six high-cavitation, hot-runner-equipped molds for the project, and that those tools are in various stages of approval.

Plastikos’ efforts to penetrate the medical market, in fact, got a boost from an unexpected source. After the company won Plastics News’ 2010 Processor of the Year Award 13 months ago, Cooney said this medical device OEM contacted them, saying they had heard about them winning the award. An audit ensued, leading to Plastikos winning its first big medical contract.

“They read the article and actually came to us,” he said. That doesn’t happen often, but it worked out well in the end, Cooney said.


Comments

Plastikos invests in new Arburg presses

By Robert Grace
Associate Publisher & Business Development Director

Published: April 5, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Major packaging merger includes plastics operations

January 26, 2015 12:24 pm ET

A merger of packaging companies MeadWestvaco Corp. and Rock-Tenn Inc. will create a new company with nearly $16 billion in annual sales.    More

Image

Viking Plastics honored for employee relations

January 26, 2015 12:43 pm ET

Custom injection molder Viking Plastics has won DevelopErie’s 2014 Employer of the Year Award for manufacturing in the Erie, Pa., region.    More

Image

Continental builds low-emission interior trim factory in China

January 26, 2015 12:33 pm ET

Benecke-Kaliko AG is making the largest investment in its history to build an environmentally friendly auto interior trim plant in China, prompted by ...    More

Image

Hyundai Mobis investing $24 million to expand in Slovakia

January 22, 2015 9:28 am ET

South Korean auto parts maker Hyundai Mobis has unveiled plans to invest about 21 million euros ($24.1 million) to modernize and expand the output...    More

Image

Pyramid investing in new presses as it targets sales in medical, technical molding

January 21, 2015 1:40 pm ET

Custom molder Pyramid Plastics Inc. is investing to boost its stake in medical and technical molding.    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

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

More Events