Injection molder Quality Assured Plastics Inc. is building a $1.5 million plant in Lawrence, Mich., that it says will help the company gain business.
The 10-year-old company has been forced to turn away customers at its aging facility in Lawrence because of plant conditions and lack of space, said Chief Financial Officer Annette Crandall. The existing plant is more than 80 years old, she said.
``We're looking forward to a building that is more efficient,'' said Crandall, part of the family that owns the custom molding company. ``We've done a good job in less-than-optimum conditions, but it's time to move to the next step.''
The new, 30,000-square-foot facility will include the company's 11 existing injection presses, plus seven new presses the molder plans to buy later this year. The machines have clamping forces of 75-300 tons. The plant also will feature some hot-stamping and hand-assembly operations.
Construction began last week at the site, near the company's existing 18,000-square-foot facility. Quality Assured plans to move into the new plant by November, Crandall said.
The company employs 50, and plans to add about 70 workers within two to three years, she said.
Quality Assured does custom molding for the automotive, consumer packaging, recreational vehicle and electronics industries, Crandall said. Once the new plant begins production, the company plans to seek work in medical products, an area that requires a better clean room operation than presently is available, she said.
The company recorded about $3 million in 1997 sales, she said.