TORONTO - Canadian automotive parts injection molder Tarxien Corp. may set up a U.S. operation by early 1997. The Ajax, Ontario, firm recently won new contracts from General Motors Corp. for interior door components and might make them in an acquired U.S. operation, according to Michael Gon-dosch, Tarxien's vice president of finance.
He did not disclose which U.S. states Tarxien short-listed in a search process the firm has started. Tarxien injection molds at its Ajax facility and molds and paints in Concord, Ontario.
Tarxien announced Aug. 22 that it won C$8 million (US$5.84 million) worth of annual business from two GM contracts beginning in the 1999 model year. One is to mold handle housing assemblies for Buick, Oldsmobile and Pontiac models. Another is for grab-handle assemblies for a new Saturn design to be introduced that year.
Gondosch said AlliedSignal Inc.'s Capron nylon resin is one material approved for the jobs. Tarxien will not need to use its gas-assisted molding capabilities for the jobs.
Gondosch said the contracts could be filled at Ajax, where Tarxien molds door components, if it cannot find a suitable U.S. site. The company would add 35 employees at Ajax, but it probably has enough molding capacity for the extra work.
The two contracts boost Tarxien's order book for 1999 to about C$100 million (US$73 million). It expects sales for the year ending Dec. 31 to reach C$65 million (US$47.5 million).