Montrose Molders Corp. is investing $1.2 million to expand capacity at its recently acquired custom injection molding plant in Albuquerque.
This month, Montrose installed three new Nissei presses with clamping forces of 200-400 tons, bringing the press count in Albuquerque to a dozen. The presses are accompanied by Star robots. During the next six to 12 months, the firm plans to add seven Nissei presses there with clamping forces up to 700 tons, Vice President J. Kelly Wilson said in a telephone interview.
Wilson said his firm bought the Albuquerque plant formerly owned by Trend Technologies Inc. Trend shut the operation last July before filing for Chapter 11 bankruptcy protection in November. The 52,000-square-foot facility molds housings, mainly for electronics, telecommunications and medical equipment customers.
Montrose's headquarters plant in South Plainfield, N.J., is an 80,000-square-foot facility with 32 injection presses as large as 725 tons. That operation has a broad market base. Montrose also operates a plant in Shenzhen, China, called Asia-tronics that molds for electronics customers and is a major tool and die plant.
Wilson said the Albuquerque site will add two-shot and silicone overmolding to its capabilities. Montrose will combine its toolmaking technology with Nissei's machine systems to develop molding techniques for a special electronics job.
Montrose logged sales of $15 million last year, 15 percent higher than the previous year. It molds a range of engineering and commodity thermoplastics and uses gas-assisted molding for some of its work. In-house services include design, decorating, assembly and tool building. The 40-year-old company is privately held.