DEARBORN, MICH. — Global Tool & Engineering Inc. said it will open a tooling and molding plant in Oakdale, Minn., at the end of May that will double its plant capacity.
The Carrollton, Texas-based company, which performs both thermoplastic parts prototyping and low-volume injection molding, will move into a 20,000-square-foot building May 30. The building is double the size of Global's existing plant in St. Paul, Minn.
The company also has purchased two new Toyo injection presses, each with a clamping force of less than 100 tons, for the new plant, said Brad Keating, Global's director of business development. The presses will allow the facility to injection mold small precision parts to complete its prototype tooling work, he added.
Other equipment at the Minnesota plant include a computer numerically controlled electric discharge machine, five CNC machining centers and four more EDMs. The equipment will be moved from the existing plant. The plant primarily will produce CNC-machined prototype models and tooling.
Global bought the plant in February 1996 when it acquired RKO Tool Corp., a mold maker in St. Paul. The facility can build a mold within three weeks.
Global also performs rapid prototyping from its Carrollton plant by using two selective laser sintering machines.
Global has 70 employees at the two plants.
The company expects to record 1997 sales of $8 million, Keating said.