IMC Products Inc and Seabrook Plastics Inc. are teaming up to form a minority-owned joint venture called IMC/Seabrook LLC. The venture will injection mold and assemble components primarily for the automotive and office furniture industries.
``What we are going to do is in response to a number of customers requesting to increase diversity in the supply base,'' said Joe Wertenberg, general manager of Seabrook Plastics.
He said the two companies have worked together in the past. The plan is to bring both companies under one roof in the next six months. Both companies, and the joint venture, are in Muskegon, Mich.
``Now there's twice the people, twice the resources and twice the capabilities, and this will allow us to go out and market and give the customer a greater depth of alternatives,'' Irmgard M. Cooper, chairwoman and chief executive officer of the new enterprise, said in a telephone interview.
IMC Products, founded 13 years ago, specializes in assembly, contract management and logistics. IMC is certified by the Michigan Minority Business Development Council and supplies the automotive, office furniture and marine industries.
Seabrook Plastics, established in 1993, is an injection molder that manufactures automotive, office furniture, materias-handling and consumer products.
Both companies are ISO 9002 and QS 9000 certified, which both sides said made the joint venture easier to form.
Wertenberg said that the venture could add 20 jobs and should generate $3 million to $5 million in sales the first year.
Seabrook Plastics operates out of a 24,000-square-foot facility. Wertenberg said a 16,000-square-foot addition is possible as the venture gains steam.
Serge Cousin, Seabrook president, also will be vice president of IMC/Seabrook.
Wertenberg said the new company will offer completely molded and assembled components for Tier 1 automotive suppliers.
``Being a minority-owned business is a door opener,'' said Cooper, an African-American woman. ``All it does is open the door - you can't be slipshod, you need to do quality work.''