Precision Mold & Tool Inc. is boosting its computer numerically controlled machining capacity by installing a Mori Seiki center this month at a cost of about $250,000.
The CNC project follows Precision's recent engineering expansion and precedes a move to a larger facility, said Domingo Auces, director of sales and marketing. Last year the firm spent $65,000 to upgrade software and hardware in its engineering design department and another $40,000 in its quality-control unit. Within a year it expects to invest about $1.2 million in a new facility, near its current San Antonio headquarters, that will be double the size of the existing, 10,000-square-foot plant and office.
Auces said the Mori Seiki CNC center will be Precision's first high-speed center. It will use the new machinery to cut lead times and allow the firm to do most of its mold-base building in-house, he said in a telephone interview. Precision recently expanded its quality-control department when it installed a coordinate measuring machine for parts inspection.
Precision said in a news release that its expansion is designed to exceed expectations of customers such as General Motors Corp., Motorola, TRW and Timex. Before the San Antonio programs, Precision expanded its La Feria, Texas, engineering and mold-repair shop in the Rio Grande Valley and set up a maquiladora mold support operation in Reynosa, Mexico.
Naum and Maya Royberg established Precision in 1985 after leaving Kiev in the former Soviet Union, where Naum Royberg was a mold maker. Their company has grown from a family garage operation to a three-plant business. Auces said Precision may install an injection molding press for mold tryouts to cut lead times and improve customer service.