Complex Tooling & Molding Inc. of Boulder, Colo., is moving some injection molding machines from a facility it closed recently and is investing in advanced processing systems at its corporate technical center. "We are expanding and using the equipment elsewhere," President Larry Greene said in a telephone interview.
The firm converted warehouse space at its Asheboro, N.C., plant to accommodate 25 presses from Memphis, Tenn. Complex completed a six-month phaseout of the Memphis operation in February. Other machines are being held in Memphis for an expansion yet to be announced.
Meanwhile, Complex is adding engineering staff at Boulder, and expanding its mold-decorating, thin-wall molding and toolroom prototyping services. The firm's operation in San Diego also is growing.
The company owns more than 140 presses. It has mold-making operations at a Des Plaines, Ill., plant, formerly Krasberg Corp., and turnkey metal stamping and fabrication in a Kells, Ireland, facility that was acquired from Unidare Group in 1998. Complex has shipped plastic components to Ireland for assembly and invested in new equipment and facility improvements there.
Complex also has a molding and tool-building alliance dating back to 1998 with ViQuest Engineering Pte. Ltd. in Singapore.
Complex employs about 600 and recorded sales of $90 million for the fiscal year ended Sept. 30.