Injection molder Micro Molding Technologies Inc. is spending $3 million to double its size and is on pace to double its sales this year as well.
"We're booming across the board. We haven't seen a slowdown," President Michael Bentz said in a recent telephone interview. "Basically, we are doubling. We need more room."
The Boynton Beach, Fla., company is building a 25,000-square-foot addition to its present site of the same size. The addition, which is scheduled for completion by fall, will consist of office, warehouse and assembly space and will open up more manufacturing room in the main building. Bentz said the company will add four to 10 presses.
Micro Molding currently operates 15 presses, with 20-300 tons of clamping force. The company is automated with 100 percent cavity control and is fully computer integrated. It uses an RJG cavity-pressure control system to monitor molded parts and minimize defects.
Bentz said the company has been building sales in the automotive, electronic, medical and irrigation markets. The company posted sales of $3 million last year and is on pace for $6 million this year, he said.
One market that holds great potential for the company is the plastic plates used in electric fuel cells, Bentz said.
Micro Molding was formed four years ago with a strong engineering core.
"Molding has always been our strong point, but we have worked to beef up our engineering and tooling at the front end," he said.
The company has added three engineers and is running a seven-day, 24-hour plant. The company employs 50.
Micro Molding also added services such as pad printing, heat staking, ultrasonic welding and assembly.
The company is owned by Philip Meshberg, as is its sister, Packaging Concepts Inc., which makes pump spray closures.