Custom injection molder GMB Plastics Inc. is nearly doubling its operations by refurbishing a 20,000-square-foot building in Cumming, Ga., so its consumer product and automotive manufacturing areas will be housed in separate buildings.
The company currently runs 14 injection molding presses in a 25,000-square-foot facility in Cumming, but needs more space, according to owner and President Martin Krauth.
``We're seeing growth on our consumer side and also on our automotive side,'' Krauth said in a June 9 telephone interview.
GMB is converting its original home plant, a building about seven miles away from its present site.
The company's original site is owned by Krauth, who founded GMB in 1988. The facility has been used for warehouse space since 2006. Now, it is being updated and will house the firm's smaller presses and consumer products segment. It is slated to be operational by July 14.
GMB, which is ISO 9001:2000 certified, has been making auto parts since 1966. The move will provide more space for large presses at its present site.
Krauth said that as a Tier 2 automotive supplier, it is finding more interest from original equipment manufacturers located nearby. It also is finding that European suppliers are looking to manufacture in the United States to take advantage of the weaker dollar.
The company's presses have 66-1,000 tons of clamping force. The plan is to add about six presses, from 150-700 tons, in the next two years, Krauth said. The additions will be made at both plants.
GMB employs about 50 and expects to add 10 people in July.
The company had $5.2 million in 2007 sales and is experiencing about 15 percent growth this year, with higher expectations for 2009, according to Krauth. That growth has been fueled by developing products with customers, he said.