Arizona Precision Plastics Inc. of Mesa, Ariz., has added equipment and moved functions in dealing with explosive growth.
During March, the custom injection molder acquired two Mitsubishi 320-ton presses, relocated assembly work across the street and established an off-site warehouse nearby. A sister firm's tool room should move by June into a bay at a building under construction.
The growth has outstripped a three-year business plan and prompted discussions about a larger facility in Mesa.
Dennis and Joan Nealon formed the plastics processor in 1997 as a separate business stemming from their mold shop, Arizona Precision Mold Inc. established in 1986.
Customers wanted more molding capability, and the Nealons hired Steve Derdzinski as APP general manager and Rick Bridgewater as APP quality assurance manager.
Working with APP enabled a hand-tool maker to get an early return on its investment in a project last year, he said. Now the customer is back with more work, he said.
APP had 13 permanent employees and 67 temporary ones for molding and assembly work as of April 4. During the second week of April, another product startup was expected to require another 60 temporaries.
APP has nine existing presses of 55-320 tons, including a Milacron electric and eight Mitsubishis. The firm has ordered four more presses for installation as space allows.
APP recorded 2000 sales of $3.2 million. Bridgewater projected that sales will exceed $8 million this year.