Matrix Tool Inc. is expanding injection molding and toolmaking capacity to meet growing orders for full-service contracts.
The private Fairview, Pa., firm recently completed a $1.2 million building addition and will spend $400,000 by year-end to buy two new Nissei presses and upgrade materials-handling and cooling systems, said Timothy Lewis, director of administration.
Lewis said his firm also plans to buy another five presses in a year or two to boost its press count to 14. All the presses, with clamping forces of 80-230 tons, will be housed in the 18,000-square-foot addition. Expanded toolmaking operations will use up space now occupied by injection presses in the original 16,000-square-foot facility, Lewis said in a telephone interview.
Matrix Tool specializes in high-precision parts for automotive, medical, computer and electronics customers. Lewis said automotive, computer and electronic customers increasingly demand design, debugging and molding services under one roof and this is the key impetus for Matrix's expansion. Matrix expects to get QS 9000 certification by March to help it expand auto business.
Matrix started as a toolmaker in 1972 and eventually branched into molding. Lewis declined to provide sales figures for the 81-employee, family-owned firm.