SPM Inc. of Anaheim, Calif., plans to build a 150,000-square-foot manufacturing facility on an 111/2-acre site in Hillsboro, Ore., at a cost of about $8 million. The plant, announced Aug. 5, will house both SPM/Portland, a custom injection molder, and SPM/Micro Power, a contract manufacturer of battery packs and battery charger components.
SPM purchased Micro Power of Beaverton, Ore., about two years ago to get into production of battery packs and chargers for the electronics, telecommunications and medical industries.
Charles Finkbiner, SPM senior vice president of business development, said Micro Power is a $20 million-a-year operation that fits in well with the company's custom molding business.
By combining the activities of the two companies under one roof, Finkbiner said, SPM can consolidate purchasing and other operations, such as sales.
``Most importantly to our [original equipment manufacturer] customers is that we have ownership over the whole process - design, molding and assembly - all under one roof,'' he said.
When completed in March, the facility will house 30-35 injection molding presses with clamping forces of 50-1,500 tons, and employ 250. SPM/Portland, which is ISO 9002 certified, will have 50 presses when it reaches full capacity. That plant serves the computer/electronics, telecommunications and automotive industries.
SPM/Micro Power is ISO 9001 certified and will employ 125 at the plant.
Next year, the company plans to sell the existing Oregon facility, which has been home to a custom molder for 30 years.
By the end of 1996, SPM will have 17 plants in operation throughout North America, Europe and Malaysia, employing more than 2,000. SPM, a Dynacast Co., is a unit of publicly traded Coats Viyella plc.
SPM was 14th in Plastics News' recent ranking of North American injection molders, with related sales of $210 million.