Custom injection molder Aimet Technologies Inc. will move from Raleigh, N.C., to a larger location in nearby Zebulon, N.C., by the end of September.
President and majority owner David Jackson said his firm has ``maxed out'' its space in Raleigh, which consists of 40,000 square feet spread over two locations.
The new facility will cover 70,400 square feet and will allow Aimet to install a dozen new injection presses that it has had in storage because of a lack of room in Raleigh. Once those machines are in place, Aimet will operate 34 injection presses, said Jackson, who founded the firm in 1993.
The move also will allow Aimet - which molds parts for the telecommunications, electrical, automotive and medical industries - to add 30 new jobs in the next two years. The firm currently employs about 60.
Since Zebulon is only about 25 miles east of Raleigh, Jackson said he expects to retain most of his current workers.
Aimet's products include internal components and clear plastic covers for electrical power metering systems. The firm also makes telephone switch gear boxes and electrical actuators for auto heating and air conditioning systems.
Jackson declined to reveal the cost of the new facility. Aimet's sales were flat in 2003 at $6.5 million, but Jackson said that number should improve considerably in 2004 because of new programs in automotive and consumer packaging. Those programs are set to launch in mid-2004.
``We needed a larger location because of the logistics situation [in Raleigh],'' Jackson said in a phone interview. ``We can't really grow until we move.''