In expanding a new business, PlazTek of Sacramento, Calif., has added a 150-ton Toshiba injection molding press, a Novatek dryer and a third Advantage mold heater, and hired Bob Jones as plant manager.
Jones has more than 12 years' experience in injection molding, most recently with Letro Products Inc. in Redding, Calif.
PlazTek opened in late February 1997, targeting difficult-to-mold jobs, but has adapted to ``a different market than we wanted,'' Rick Stephens said in a telephone interview. Materials-wise Stephens and experienced molder Myrle Morgan own PlazTek as a California limited partnership.
The custom injection molder makes a groutless tile system using low density polyethylene and Santoprene thermoplastic elastomers, plus a variety of polystyrene desktop and commemorative boxes, high density PE bolt covers, polycarbonate parts for sophisticated medical-research diagnostic equipment and nylon snowboard bindings.
The business had 10-month sales of $123,000 for molding parts and $60,000 for subcontracted mold making. This year, PlazTek is ``selling at a clip of $140,000 a month in molding'' and, so far, has made two molds for $40,000, Stephens said.
PlazTek employs five full-time employees and 11 steady, temporary workers. In November, the molder started a 24-hour, seven-day work schedule.
PlazTek rents a 5,400-square-foot production site and 900-square-foot office.
In addition to the new equipment, the firm operates two other injection presses, a 250-ton Toshiba and a 90-ton Toyo, and two Matsui dryers.