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, Molds/Tooling, Injection molds

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

Netstal, Electra Form team up for PET preform partnership

November 20, 2014 3:15 pm ET

The Netstal division of Krauss-Maffei Corp. is teaming up with Electra Form Industries in a partnership to offer PET preform machines and molds as a...    More

Image

Molder Carclo expands in China, chasing medical growth

November 19, 2014 3:44 pm ET

U.K.-based injection molder Carclo plc is “significantly” expanding its Chinese medical manufacturing capacity with a new factory, as the ...    More

Deimling/Jeliho expanding molding, mold making operations

November 19, 2014 3:18 pm ET

Deimling/Jeliho Plastics Inc., a custom thermoplastics injection molder and contract manufacturer located in Amelia, Ohio, is expanding its molding...    More

Image

Cy Plastics invests in machinery, space

November 19, 2014 2:17 pm ET

Seeking a more efficient configuration, custom molder Cy Plastics Inc. invested over $500,000 in the past year, adding more machinery including a 350-...    More

Image

Illinois mold maker adds machinery, renovates to improve work flow

November 18, 2014 1:23 pm ET

Injection mold maker Industrial Molds Inc. is adding $1.7 million in new machinery, the company has announced.    More

Market Reports

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

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

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