Beach Mold & Tool Inc. soon will open a custom injection molding plant in Emporia, Va., to supply mid-Atlantic customers. The New Albany, Ind., company bought a 60,600-square-foot building in the Greensville County Industrial Park and is spending as much as $7 million to equip it with 15 injection presses. It expects to begin pro-duction at the plant, its second, by no later than early April, said Jim Blanton, Beach Mold's vice president of human resources. It will include assembly, finishing and packaging operations.
Beach Mold's headquarters facility in New Albany has 92 injection presses, more than 1,000 employees and about 450,000 square feet of manufacturing and warehouse space. It had sales of $96 million for the year ended May 31. Blanton predicts sales will reach about $110 million for the current fiscal year.
New Albany has a full-service tool shop that employs 60 and a range of assembly and finishing operations.
Cincinnati Milacron Inc. supplied injection presses with clamping forces of up to 1,000 tons for Emporia. Blanton said the Beach Mold plant will make components for business machines, office equipment, appliances and other industries in the Virginia and North Carolina area.
Emporia initially will employ about 250. Blanton said in a telephone interview that long-term plans include expanding the facility. Beach Mold also hopes to establish a third molding plant within five years, he said.
Beach Mold was founded in 1972 by Bill and Juanita Beach. It remains a family-owned business.