Complex Plastics Cos., headquartered in Boulder, Colo., announced plans to open yet another custom injection molding plant, this one in Loveland, Colo. The company signed a long-term lease on a 35,000-square-foot building that formerly was owned by another injection molding company.
``We need to stay ahead of our customers in having adequate capacity,'' said Paul Kingsbury, chairman and chief executive.
Kingsbury said that a third Colorado facility was needed to meet capacity requirements of a major customer that awarded a large block of business to Complex Tooling and Molding Colorado, a unit of Complex Plastics.
The plant is laid out to accommodate as many as 20 molding presses, which will be installed over a period of about 18months, as business dictates. Presses will have 200-500 tons of clamping force.
In other news, the company is completing a 13,000-square-foot addition to its Houston facility to accommodate increasing volume from Compaq Computer Corp.
Warehouse space is being added at the company's Randleman, N.C., facility, Wade Precision Plastics, allowing the company to store parts on the property instead of using rented space.
Kingsbury said the expansion projects will bring the total capacity of Complex Plastics to more than 250,000 square feet, with 95 molding machines with clamping forces of 24-770 tons.
Complex Plastics also has expanded its mold-making capabilities through equipment enhancements and added staff. The most recent addition was a computer numerically controlled electric discharge machine and CNC mill-ing machine.
``We are moving rapidly toward a paperless design and tool-build environment,'' Kingsbury said. ``We feel it is the way to significantly speed up the total tool build cycle - design through tool tryout and product to market - helping to keep us on the leading edge of customer satisfaction.''
Complex Tooling and Molding California, a Complex Plastics unit in San Diego, received its ISO 9002 certification, and pre-assessment audits have been conducted at two other plants ``with very positive results,'' Kingsbury said. The goal is to have all its facilities ISO certified by the first quarter of 1996.
Complex Plastics serves the electronics, medical, telecommunications and appliance industries, and employs 450 companywide.
