CHICAGO — Injection toolmaker Alpha Mold Inc. has moved into a new, 48,500-square-foot plant in Huber Heights, Ohio, and added several machines in an investment strategy designed to help the company climb to new growth levels.
Alpha, a 28-year-old company, first announced plans in January 1996 to move its operations from a 31,000-square-foot building in Dayton, Ohio, to the facility in a recently built industrial park in a Dayton suburb.
The company invested $2 million in the new building and additional financial resources in an equipment upgrade, Alpha President David Staub said in an interview June 19 at NPE 1997 in Chicago. The plant opened the first of the year and since then has been adding equipment.
The mold builder outgrew its other facility, which had been expanded four times, Staub said. He said the site will help Alpha generate new business through a mix of new, high-speed machining equipment and a modern toolmaking center.
``The old adage is that you have to spend money to make money,'' Staub said. ``In this case, we knew that we needed to update our plant to attract new customers. It's already beginning to pay off for us.''
Alpha, which is still in the process of buying equipment, has added a Bostomatic high-speed graphic computer numerically controlled machining center and a recently purchased Husky Moduline high-speed injection press to conduct mold tryouts. The press has a clamping force of 250 tons. Both pieces were added since Jan. 1. The facility includes 22 milling machines, six sinker electrical discharge machines and one wire EDM, as well as numerous grinders, lathes and engraving machines. Besides the Husky press, the site includes five injection presses with clamping forces of 55-500 tons.
The company has 65 employees at Huber Heights plant and another 25 at a plant in Broomfield, Colo. Sales figures for the private firm were not disclosed.