CHICAGO (June 27, 2:50 p.m. EDT) — Solon, Ohio-based Stopol Inc. continues to evolve from a company that specializes in used machinery auctions, to one that brings many facets of the industry together.
Stopol has reached an agreement with Ann Arbor, Mich.-based MGV Enterprises LLC to sell its IntelliMold-brand closed-loop process control system for molding.
IntelliMold acts as a sort of autopilot for molding machines “using real-time pressure and temperature measurements to calculate the moldability of the internal melt pressure,” according to a Stopol news release.
Selling new equipment is an initiative the company has been pursuing during the past year, said Bryan Kokish, Stopol's marketing director, in a June 19 interview at NPE.
Those efforts included recruiting Steve Schroeder, formerly of Fremont, Ohio-based Epco Machinery LLC, to head up new equipment sales.
Kokish said Stopol also is likely to enter the real estate business, helping expanding firms locate good facilities being vacated by companies that are downsizing or closing altogether.
Also at NPE, Stopol announced the launch of a new free job-posting service on its Web site, which it says receives about 500,000 hits per month. Beginning Sept. 1, displaced workers will be able to market themselves to prospective employers at www.stopol.com.