Harmony Systems & Servicing Inc. is spending about $3 million to expand injection molding capacity and move to a new plant. The Piqua, Ohio, private firm has bought two 500-ton Meiki presses and a 160-ton Nissei that it will install in its new facility when it moves in June. When Harmony sells five of its older presses, it will have 22 presses in the new plant, with 40-1,000 tons of clamping force, said Harmony Chief Executive Officer Edward Adams.
Harmony needs extra space to accommodate growth, Adams said in a telephone interview. Its sales to Tier 2 automotive suppliers, its main market, are rising, and the company will push for added sales in electronics and appliances, according to Adams.
This summer it will begin several new programs for Honda vehicles, which will help push predicted sales in 2000 to $8 million, and 2001 sales to $10 million. New business also includes molding shock-absorber dust covers to replace metal covers.
Adams said Harmony bought an existing building in Piqua to replace four buildings where it leases total space of about 49,300 square feet. It is renovating the 70,000-square-foot, climate-controlled building to include extra-high bays for large-tonnage vertical presses. Harmony hopes to buy a large, used vertical press within a year to mold multicolored auto taillights.
Harmony's auto business includes taillights, interior and exterior body components and sealant systems. Its secondary services include sonic welding, pad printing, heat sealing and assembly.
Adams founded Harmony in 1994. His wife, Nellie Adams, owns 50 percent of the firm, and partner and Harmony secretary-treasurer Linda Evans holds 49 percent. Edward Adams owns the rest. The firm employs about 95.