CHICAGO — Resin Systems Corp., which casts components from liquid epoxies and urethanes, is expanding its business and moving into a new facility in Amherst, N.H.
Liquid resin casting is a small industry involving a handful of U.S. competitors, said Walter O'Hearn, sales manager.
The process is used to manufacture components for a multitude of industries, but is most cost-effective for the customer when the volumes are low, anywhere from 25-3,000 parts a year, he said March 12 at the National Design Manufacturing Show in Chicago.
By April 15, Resin Systems should be up and running at its new, custom-built, 55,000-square-foot facility in Amherst, located next door to its former, 10,000-square-foot plant.
The company will use about 38,000 square feet of the new space and lease the rest for now, O'Hearn said.
``Of course it will be there for future expansion,'' he added.
Since 1991, when current owner and president Dan Prawdzik bought the company, he has pushed for growth, O'Hearn said. The outcome has been a steady rise in sales of 15-18 percent a year, in part fueled by new markets, such as medical, he said. He would not disclose sales.
Resin Systems is mainly a custom house with three types of clientele. A growing segment of its customer base is companies that see liquid resin casting as a way of getting their products to market quickly, to test both the product's design and the market's receptivity before they commit to hard tooling. The process offers such companies functional and cosmetic parts with quick turnaround and low-priced tooling.
``Typically our tooling is one-tenth the cost of an injection mold tool,'' O'Hearn said. ``Of course our piece-part prices are higher. That's why we're most cost-effective up to 2,000-3,000 part a year.''
The company also serves customers that make higher-end equipment and need only a small number of parts each month. In the third category is the customer who comes in only once for a specified number of parts.
Besides medical, the company's markets include the semiconductor, electronic, marine and microwave industries.
Although its business is overwhelmingly custom, it does make a cast line of microwave absorbers from filled epoxy resins. It offers 30-40 material formulations of both epoxies and urethanes.
O'Hearn said the company already has bought new equipment for the facility, to expand production and in-house toolmaking.