CHICAGO — Lomont Molding Inc. has put the finishing touches on a 15,000-square-foot addition to its Mount Pleasant, Iowa, headquarters plant.
The company recently added four Toyo presses to handle an upsurge in its custom and proprietary injection molding business, said sales representative Mark Kauffman. Lomont plans to use the new area for warehousing, Kauffman said in an interview at the National Design Engineering Show, which ran March 16-19 in Chicago.
The expansion, finished in February, gives the firm a total of 45,000 square feet.
The new Toyos — two with clamping forces of 200 tons, plus 300- and 500-ton machines — brought the firm's total press count to 10 and created 10 new jobs, Kauffman said.
The equipment and construction cost the molder roughly $900,000, he said.
Driving growth is Lomont's proprietary Paragon Products injection molded accessories for concrete, such as cylinders that come in three sizes and are used to ship concrete to test labs — a brand-new addition to Paragon's product line.
Lomont also does structural foam molding of parts as large as 161/2 pounds, using all multistation, low-pressure Hettinga machines.
Custom markets for both processes are diversified, and together will net $7.5 million to $8 million in sales this year, according to Kauffman.
In addition to its main facility, Lomont does toolmaking, painting and ultrasonic insert work at a second, 16,000-square-foot plant in Mount Pleasant; it rents another 16,000 square feet nearby for warehousing.