Elgin Molded Plastics Inc., a proprietary and custom injection molder in Elgin, Ill., plans to construct a 20,000-square-foot building on 5.2 acres it purchased in Franklin, Wis., for $150,000.
Clarence La Bar, president of Elgin Molded Plastics, said the Franklin site allows the company to get closer to its customer base in the Milwaukee area, and permits a much-needed expansion of the company's capabilities.
Plans call for the firm to install four presses in Franklin, possibly with some larger clamping force than current capabilities. The firm will provide custom molding services at the Franklin site.
Elgin Molded Plastics currently operates 22 presses with clamping forces of 165-500 tons, in an 85,000-square-foot facility. About one-third of the firm's business is a proprietary line of traffic safety devices such as barricade lights, reflectors, domes and lenses. It also serves customers in that industry on a custom basis.
Additionally, Elgin Molded Plastics serves the novelty item and consumer housewares markets for a variety of original-equipment customers. Its other capabilities include mold design and build using computer-aided design and manufacturing systems, and value-added services such as sonic welding and hot stamping, with plans to add silk screening this year.
The company, which employs about 120, plans to hire about 20 at the Franklin plant.
La Bar said the new plant should be running by early 1998.