Wisconsin mold maker doubling facility size

By Kerri Jansen
Staff Reporter

Published: July 16, 2014 2:05 pm ET
Updated: July 16, 2014 2:46 pm ET

Image By: Innovation Mold & Design Inc. Innovation Mold & Design Inc. will add 14,444 square feet of manufacturing at its plant in Wisconsin.

Related to this story

Topics Medical, Injection molds, Molds/Tooling

A Germantown, Wis. toolmaker is planning to more than double the size of its facility.

Innovation Mold & Design Inc., which currently occupies a 12,465-square-foot plant in the Germantown Industrial Park, plans to add an additional 14,444 square feet of manufacturing space and 2,500 square feet of office space. Innovation manufactures molds for automotive, consumer products and other industries.

“We’re kind of busting at the seams as far as manufacturing space goes,” Innovation president Alex Hermann told Plastics News. “There’s more specialty machines that we’d like to bring in-house, and we just don’t have the square footage for it. Even adding workforce, it’s kind of tight out there for space.”

The company doubled its sales from 2012 to 2013, Hermann said, and increased its staff from 9 to 20. The expansion will allow the company to serve its current customers better by increasing efficiency and improving timelines, while also allowing for more rush jobs and larger projects, Hermann said.

“With the capacity of the specialty machines that we want to bring in, it’s going to allow us to do a larger envelope of work as well, different types,” he said.

The expansion will also accommodate more business for the medical molding industry, an area in which the company is growing.

“We invest in technology here,” Hermann said. “A lot of stuff in medical industry has to be very high-tolerance tooling, and we’re accustomed to that.”

The company plans to add around 15 more jobs over the next five years as well.

Germantown’s Village Board approved the planned expansion July 14. Hermann said the company hopes to break ground on the expansion in September, with an estimated 7 to 8 months of construction time to follow.


Comments

Wisconsin mold maker doubling facility size

By Kerri Jansen
Staff Reporter

Published: July 16, 2014 2:05 pm ET
Updated: July 16, 2014 2:46 pm ET

Post Your Comments


Back to story


More stories

Image

Hasco gets into augmented reality

October 17, 2014 6:00 am ET

Mold makers may be used to seeing cores and pins on the exhibition stand of a supplier — but not augmented reality that looks like it comes...    More

Image

Linear takes additive manufacturing to new levels in tools, prototyping

October 10, 2014 4:20 pm ET

Additive manufacturing was a natural fit for Linear Mold & Engineering Inc.    More

Image

Plastics firms ramp up production, donations in Ebola fight

October 10, 2014 3:57 pm ET

As health care workers around the world battle the spread of Ebola, plastics processors are doing their part — ramping up production and even...    More

Market Reports

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

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

More Events