Having recently started up its largest injection molding machine, Seaway Plastics Engineering Inc. continues to build diverse capabilities for its niche markets. It also added its first 5-axis machining center, and soon expects to have a micro-molding division as well.
In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.
Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.