CHICAGO — Hot-runner systems producer American MSI Corp. of Moorpark, Calif., is building a $1.5 million plant to move its recently purchased MSI Mold Systems division nearer to the parent company. The division, which makes a variety of mold parts, was purchased more than two years ago. The company decided this year to move the rapidly expanding group from its present Irwindale, Calif., facility about an hour's drive from Moorpark to a new plant a few miles from American MSI's corporate headquarters.
American MSI Chief Executive Officer Timothy Triplett announced the move during an interview June 17 at NPE in Chicago (Booth N5452).
``The division needed more space and equipment to grow, and that gave us an opportunity to bring them closer to the rest of our operation,'' said Triplett.
``We're already working together quite frequently on technology.''
The facility, which is scheduled to open in September, will shift the Mold Systems group from a 5,000-square-foot building to one four times that size. The company is also in the process of purchasing new lathes, presses and other equipment, including a Sumitomo injection press with a clamping force of 110 tons.
The mold group is known for its M-Form mold technology, which includes valve gating and cavity systems. The division also manufactures a variety of valve pins, tandem pneumatic systems and components from plastic resin materials.
Triplett also announced that American MSI is in the process of selling its Resource Recovery Systems division to an outside investment group from Nevada. A letter of intent was signed at the beginning of June. Other details of the sale were unavailable.
American MSI also operates MSI Controls Inc., a leading manufacturer of hot-runner systems and controls.
The group introduced its new Data Wave data transfer technology at the show. The system is used with hot-runner injection molds to eliminate the need for thermocouple cables. On a typical, 16-cavity injection molds as many as 20 cables provide about 240 thermocouple connection points between a mold and the hot-runner controller, Triplett said.
The Data Wave system would reduce that number of connection points from 240 to 40 on the 16-cavity mold and controller through a system of electronic signals sent through a minimum number of cables.
The company also is preparing to open new sales and customer-support offices in Germany and Japan, although the sites have not been disclosed.
American MSI also operates offices in Singapore and the United Kingdom.