Spectrum collocates with Minneapolis-area toolmaker

By Rhoda Miel
News Editor

Published: August 29, 2012 6:00 am ET

Related to this story

Topics Injection Molding, Molds/Tooling

MINNEAPOLIS (Aug. 29, 1:55 p.m. ET) — Minneapolis injection molder Spectrum Plastics Group is teaming with a toolmaker to collocate toolmaking within its own molding operations.

Spectrum said a business agreement with the mold maker does not allow the company to divulge the toolmaker’s name, but noted that it is located in the Minneapolis and St. Paul, Minn., area, and that the alliance will aid in quick development of new projects.

“We are now able to quickly respond to tool modifications, revision changes, and new tool builds,” said Doug Johnson, general manager for Spectrum Plastics Group’s Minnesota division, in an Aug. 28 news release.

The move means Spectrum has in-house tooling capabilities at all three of its manufacturing sites — in Minneapolis; Ansonia, Conn., and Brewster, N.Y. — said President and CEO Randy Ahlm.

Both the molder and the mold maker will continue as independent operations, but the collocation will place tooling support alongside production, allowing for faster responses to Spectrum’s customers in the medical, aerospace, defense and precision industrial industries.

Spectrum is majority owned by private equity firm Spell Capital Partners LLC.


Comments

Spectrum collocates with Minneapolis-area toolmaker

By Rhoda Miel
News Editor

Published: August 29, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

How CEO Santi is changing ITW

April 23, 2014 2:48 pm ET

Scott Santi is showing he can do more than just cut costs at Illinois Tool Works Inc.    More

Image

China's mold making sector plodding forward

April 23, 2014 1:25 pm ET

With the Dow Jones Industrial Average reaching new highs, China's similar indexes are still hovering at a low level. What does the economic barometer ...    More

Image

HRS adding more North American production for hot runners

April 22, 2014 12:57 pm ET

An Italian tooling component supplier is set to open a new production plant in Grand Rapids, Mich. The HRS Flow Division of San Polo di Piace-...    More

Image

German electronics firm expanding in Hungary

April 22, 2014 9:46 am ET

German electronics manufacturer Provertha GmbH has announced plans to set up a new plastic galvanizing plant at the Kapuvár Industrial Park, in...    More

Image

Cambro investing $30.4 million in new N.C. injection molding plant

April 18, 2014 2:36 pm ET

Foodservice products manufacturer Cambro Manufacturing Co. Inc. plans to set up a satellite production and distribution operation in Mebane, N.C., to ...    More

Market Reports

Market Data Book - Rankings & Lists

A one-stop download of Plastic News' exclusive annual lists and processor rankings containing essential data including sales, employees, end markets, materials and more.
EXCLUSIVE EXCEL FEATURE: full mailing address details for available plant locations.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Mold Making and Tooling Review and Outlook 2014 – North America

This report provides in-depth analysis of the mold and toolmaking market for North America, including discussions of trends, opportunities, threats, the latest developments in production and labor and equipment trends impacting moldmakers.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events