Sipco Molding Technologies of Meadville, Pa., plans to construct a replacement for its leased Erie, Pa., injection molding facility, probably starting in the fall.
While now is "not the time to incur the costs of a new building," Sipco is clearing the land and installing roadways, Vice President Lon Sippy said in a telephone interview. Sipco molds automotive parts primarily and is expanding its telecommunications and electronics segments.
Sipco bought 7 acres last year and developed plans for an expandable plant of 24,000 square feet. The Erie industrial park site is a few miles from Sipco's existing 20,000-square-foot custom molding plant.
The Erie plant employs about 25 and operates 16 presses of 15-300 tons on a five-day, three-shift schedule. An audit for QS 9000 is anticipated in a few months.
As part of an upgrading, Sipco purchased two Nissei presses of 300 and 239 tons last year and three Shinwa Seikis of 200, 160 and 120 tons in 1999.
In 1992, Sipco acquired the operation, formerly an electronics company's captive molding shop.
Sipco identified the business as Techniplast Inc. for eight years and, in December, adopted Sipco Molding Technologies as a trade name for both the Erie operation and its extensive Meadville high-precision tool and die manufacturing business. Sipco had sales of $10 million for the fiscal year ended Sept. 30.
Family-owned Sipco Inc., the parent company formed in 1959, also owns 30 percent of Uniplast International Inc. in Meadville. Uniplast specializes in extrusion tooling for vinyl window and window accessory profiles. Greiner Extrusionstechnik GmbH of Wartberg, Austria, owns 70 percent of Uniplast.