CLEVELAND - Four years ago, Richard Petrovich saw the need to expand his company, North Coast Tool & Mold Corp., beyond its mold- and toolmaking base. The path to diversification led to formation of a wholly owned injection molding division, and soon will lead to spinning off that unit into a self-standing corporation.
North Coast Composites, as the injection division is known, is moving this month from the 4,500-square-foot corner of the NCTM toolroom into 12,000 square feet of space in the same Cleveland building as the parent company.
``The move was made necessary by the growth we have had in the injection molding side,'' Petrovich said. ``We went from one press at the beginning to five now, and we will be installing two more within two months.''
NCC's presses have clamping forces of 110-450 tons. The two presses to be added in the new space will be 300 tons, Petrovich said. By 1997, his expansion plans call for NCC to have 12 presses.
``As we went along in the mold-building business, we saw that many customers would not work with us unless we had some way of trying out the molds,'' he said.
``To accommodate that need, we started with the one press making one proprietary product, a sanding stick for any business that uses abrasives,'' he said.
NCC now makes for several industries a range of parts and products including buckets, containers and environmental equipment components such as scrubber filters for air pollution control.
NCC inked a deal to make faucet parts for Moen Corp. NCTM will make the molds and production will move to NCC for one month.
``Then we turn over the production to them without the necessity for a break-in period,'' Petrovich said.
NCC averages about 10,000 pounds per week of polypropylene and polyethylene, and significant additional production of polystyrene parts.
Petrovich said within the next six months, he expects NCC to become a self-standing company. NCC employs about 40.