DUSSELDORF, GERMANY — Ryka Blow Molds Ltd. hopes to complete an expansion of its plant in Mississauga, Ontario, by the end of December.
The mold maker's expansion of its headquarters plant in Mississauga will add 13,000 square feet, giving it a total of 55,000 square feet, said President Michael Ryan. He was interviewed at the K'98 show in Dusseldorf.
As part of that growth, the company is increasing its capacity for CNC machining by 35 percent and its payroll by 20 percent, to 95 employees, he said.
The expansion is being driven by growth in molds for stretch blow PET, industrial and automotive applications, he said. That expansion will cost about $2 million, he said.
The company also is building a $2.5 million test center in Mississauga. The company currently contracts out its testing, but volume and demand for testing has increased enough to make it cost-effective to bring it in-house, he said.
The test center will include two blow molding machines — one for automotive applications and another for extrusion blow molding applications.