Polymer Technology Corp. of Menomonie, Wis., purchased a building assessed at $1.56 million and expects to add more molding, toolmaking and clean room capabilities during 2006.
In October, company President Tom Cervenka and Vice President Steve Johnson acquired the 30,000-square-foot facility and 5 acres from Greater Menomonie Development Corp.
The development organization enabled Polymer to occupy the building in 2003 under a long-term lease. The nonprofit group also has a nearby parcel that Polymer might buy later.
Polymer Technology invested about $500,000 during 2005 to boost its turnkey concept. The firm added painting and laser etching, expanded operations for pad printing, sonic welding, hot-plate welding and annealing and established a 30-by-20-foot Class 100,000 clean room for specialty medical molding and assembly.
Polymer plans to add a portable clean room during 2006.
In the first half of next year, the firm plans to add as many as three presses. A high-precision press of 10 or 15 tons will meet tolerances of less than 0.001 inch. Two horizontal presses will have clamping forces of 40 and 80 tons.
Currently, Polymer operates 10 horizontal presses, one vertical shuttle and one vertical rotary, each in the 20- to 300-ton range.
Also in 2006, ``We will be completing our goal of 90 percent automation with robots and sprue pickers on all press centers,'' Johnson said.
As an addition to its quick-turn toolmaking and prototyping capabilities, Polymer plans to acquire a Haas high-speed, computer numerically controlled, vertical mold-making machine.
Established as an independent company in 1998, Polymer employs 34, including five mold makers, and regularly uses 16-20 full-time, temporary workers.