DETROIT — With several new products under its belt, Quantum Storage Systems has built an expanded warehouse space and plans to add several new injection presses this year.
The Opa-Locka, Fla., molder is making the $2 million investment to keep pace with steady growth, Vice President Dean Cohen said April 2 at the North American Material Handling Show and Forum in Detroit.
The storage bin maker was founded four years ago by injection molder M&M Plastics Inc., also of Opa-Locka. In 1997, Quantum's sales rose 125 percent to about $6 million — about 40 percent of M&M's sales, Cohen said.
The company recently introduced a line of clear-plastic tip-out bins, molded with a combination of polystyrene and other resins. Quantum also plans to increase its larger tote products this year. The company makes conductive and stackable bins and storage sorting systems.
Quantum recently added a 50,000-square-foot warehouse to its 85,000-square-foot plant. The company also hopes to buy two 1,500-ton presses in the next few months, Cohen said.
Quantum now has 30 injection presses with clamping forces of 75-1,500 tons. It operates distribution centers in Scarborough, Ontario, and Los Angeles.