Molded Plastic moves to larger R.I. facility
WARWICK, R.I. — Molded Plastic Components has relocated its custom injection molding business to a building in Warwick that is triple the size of the company's old facility in nearby Woonsocket, R.I.
The move, completed in May, will give MPC 8,000 square feet to help maximize work flow and make room for new technology and equipment.
``We were busting at the seams,'' said General Manager Marcel Contu. ``Now we will have room to add more employees and new machinery. This will give us some flexibility.''
In addition to providing more space for molding production and post-molding services, the new facility features a 90-ton Nissei injection molding press with robotics.
Contu said MPC had sales of $1 million in 1998.
Volex buys Belden power cord division
WARRINGTON, ENGLAND — Volex Group plc of Warrington has acquired the power cord division of Belden Inc. for more than $25 million in cash.
The division produces PVC and rubber electrical cords for the appliance, power tool and computer industries. The Carmel, Ind.-based unit employs 1,100 at operations in Indianapolis; Clinton, Ark.; Franklin, N.C.; and Hermosillo, Mexico. It reported a loss of $200,000 in 1998 on sales of $59.5 million.
St. Louis-based Belden is restructuring the division by consolidating U.S. and Mexican plants. Volex said it plans to continue that process — the company already has assembly plants in the United States, Canada and Mexico.
Volex has 25 plants worldwide; most include plastic injection molding. The company operates hundreds of small injection presses, with clamping forces of 35-70 tons.
Ball Corp. boosts PET bottle capacity
AMES, IOWA — Ball Corp. has expanded PET bottle production capacity and warehouse space at its 250,000-square-foot facility in Ames.
The company added two PET bottle lines to serve soft drink and water customers, but would not disclose details about new equipment, which was added during the first quarter. Ball also added a few employees to run the equipment.
``This was a case where the customers wanted us to add capacity,'' said Scott McCarty, spokesman for the company. ``It is sold out for the year.''
The facility also molds PET bottles for the food industry. Ball, based in Broomfield, Colo., has four U.S. blow molding plants. The company plans to mold more than 3 billion PET containers this year.