Premix Inc. plans to complete this month the move of its custom thermoset polyester injection molding operation from Georgetown, Ky., to its head plant in North Kingsville, Ohio. Premix plans to cut costs and improve efficiency in the move, according to Neil McCarthy, vice president of its Custom Molding Group. The firm acquired the Georgetown operation, formerly a private company called The Molding Co., in 1989, and planned several years ago to move it when the lease expired.
Relocating eight thermoset presses from Georgetown will give it 10 such presses in North Kingsville, where it also has a large compression and resin transfer molding operation, thermoset compounding, and design and finishing facilities.
Premix moved some warehousing from its 310,000-square-foot North Kingsville plant to leased buildings to make room for the move, McCarthy said in a Feb. 6 telephone interview from the SPI Composites Institute conference in Cincinnati.
Prior to the thermoset move, Premix sold its small thermoplastic and phenolic injection molding business in Georgetown, including an injection press, to phenolics molder Kurz-Kasch Inc. of Dayton, Ohio. It also plans to auction 10 presses and other molding equipment in Georgetown early in April.
McCarthy would not disclose sales or specific customers for his 36-year-old, privately held company. Premix supplies auto, electrical, appliance and other industries.
Its Quantum Composites facility in Midland, Mich., makes high-strength sheet molding compound.
State and local governments will offer North Kingsville funds for training, low-interest financing and tax abatement.