STOW, OHIO - Sister firms Esterle Mold and Machine Co. Inc. and Commerce Plastics Inc. of Stow have joined forces. The mold maker and custom injection molder merged to form a single company that offers turnkey capabilities, from product development and mold design to production, assembly and packaging.
The companies hope the move will build the 2-year-old molding outfit beyond its current $1 million in sales, now gathered mainly from small-run regional jobs for original equipment makers, start-up firms and other custom molders in northeast Ohio, said Richard Esterle, president of the new company, which now goes by Esterle Mold and Machine.
The Esterle family owns both operations, he said by telephone Dec. 8. But the reorganization has brought changes among management. Most notably, Anthony Sawyer, an injection toolmaker by trade, now heads Esterle's Plastics Division.
Under Sawyer, the division's plans for growth next year include a new 40,000-square-foot plant on 13 acres in Stow. For now, it runs five Cincinnati Milacron presses, from 220-850 tons, in 13,000 square feet of manufacturing space two doors down from Esterle Mold in Stow. That site will house its own tool maintenance and repair, Esterle said.
The mold shop is the larger business, reporting sales of between $6 million and $9 million a year for injection molds and extrusion tooling, Esterle said. He said the shop is well-equipped; its most recent addition is a computer-aided design/manufacturing system.
Together, the companies employ 60.