PUTNAM, CONN. — Putnam Precision Molding Inc. invested nearly $200,000 in bringing two new 89-ton Nissei FN-1000 injection molding machines into operation in December and is budgeting $500,000 this year for capital equipment upgrades that will include at least two more new presses.
George Krajewski, engineering and quality manager, said by telephone Jan. 13 that the company has embarked on a program to ensure that all of its presses are less than 10 years old within the next several years.
Putnam, which is a wholly owned subsidiary of Ensinger Industries Inc. in Washington, Pa., operates 27 injection molding machines, with clamping forces of 40-500 tons.
The newly acquired machines will fill a need by Putnam for additional close-tolerance molding capacity for its high-temperature, high-performance, original equipment parts business, according to Krajewski.
Putnam employs 63 in a 66,000-square-foot building in Putnam where it runs three shifts, five days a week.
In addition to performing custom molding for industries such as aerospace, telecommunications and automotive, the company maintains secondary and assembly operations.
The company does not disclose financial data, Krajewski said.