PHOENIX (Feb. 10, 8:55 a.m. EST) — Canada's Profine Molds Inc. is launching a new research, development and testing center.
“We want to give [customers] a good reason not to take business to China,” said Manuel Gomes, president of the Mississauga, Ontario-based, custom injection mold builder, in a Jan. 28 interview at the Plastics News Executive Forum in Phoenix. “It's not worth it when we can help them here.”
The 5,000-square-foot center, opening this month, will help customers with such areas as mold ejection and closing mechanisms, cycle time reduction and lower-maintenance mold systems, Gomes said.
The facility, adjacent to Profine's 20,000-square-foot plant, will include two injection presses with clamping forces of 50 and 350 tons. The firm plans to install a 180-ton press at midyear, Gomes said.
The company will invest C$800,000 (US$526,000) in the new building and C$400,000 (US$263,000) in equipment.
Profine was founded nine years ago by Gomes, a native of Lisbon, Portugal, who had worked for several other tooling companies. The company now has about 60 employees and recorded annual sales in 2002 of C$5.5 million (US$3.6 million).
The company currently is looking for another facility in the Toronto area that can integrate both the tool shop and R&D facility under one roof and give the company more flexibility to grow, Gomes said.