Molding Corp. of America has invested about $900,000 to acquire five injection molding presses and another milling machine.
The Burbank, Calif.-based custom molder focuses on critical engineered parts in demanding applications, John R. Knight, director of sales and marketing, said in a telephone interview.
Molding Corp. bought four Sandrettos, two with 225 tons of clamping force and one each of 240 and 180 tons. The new machines went into service in January, bringing the firm's total to 48 thermoplastic molding machines of 20-1,700 tons and one silicone rubber processor of 75 tons. Some older presses were sold.
A 1,000-ton HPM press was added in October, and a Fadel computer numerically controlled milling machine, Molding Corp.'s second Fadel, arrived in December.
Demand for higher clamping forces is strong because there are fewer large presses on the West Coast than elsewhere, Knight said.
California's power problems have affected Molding Corp.'s customers and competitors, but the company itself has adequate electric power.
"We are fortunate," he said. "Burbank and Glendale produce their own power from an independent source."
Molding Corp. employs about 140 and had sales of about $14 million for the year ended June 30. Joseph Gilbert is the major shareholder and chairman.
Molding Corp. has capabilities for insert molding, soft-material overmolding and portable Gain gas-assisted molding.