Axiom adds jobs to produce auto part
Aurora, Ontario Auto supplier Axiom Group Inc. is adding jobs and boosting production as it begins injection molding a proprietary air-flow circulation exhauster.
Axiom, based in Aurora, received a C$2.4 million (US$1.95 million) grant from the Ontario Next Generation of Jobs Fund to help finance development and production of the part.
Axiom already has invested more than C$16 million (US$13 million) into creating the exhauster, which is used to control air pressure inside the car by giving air a spot to exit the vehicle, which improves the overall comfort level in the cabin, Axiom senior account manager Larry Watkins said Feb. 2 by phone.
Axiom will add 95 jobs to begin molding the part this year and could add another 30-35 jobs as sales increase, Watkins said.
Dynamic Tool invests in new equipment
MENOMONEE FALLS, WIS. Dynamic Tool & Design Inc. has spent $1 million on new equipment, allowing it to cut mold-making production time and provide faster delivery to customers.
The Menomonee Falls firm has invested steadily in technology, which has helped it remain solid despite current economic conditions, said marketing coordinator Kim Lodahl.
Continuing those investments is good for the firm and its customers, Lodahl said Feb. 4 by phone.
Dynamic replaced two electric discharge machining units with two new Mitsubishi die-sinking EDMs, which allow for faster burning and tighter tolerances. It also added two new high-speed precision vertical machining centers, and a computer numerically controlled lathe to improve tolerances on round components and reduce lead time.
Phoenix Industries closes shop in Minn.
CROOKSTON, MINN. The management of Phoenix Industries of Crookston Ltd. orchestrated a total shutdown of operations that came to the public's attention in early February.
Phoenix officials have not explained the closing, but the parking lot at the plant is empty, no one is answering the door or phone and the firm's Web site has been deactivated.
During 2008, major customer New Flyer Industries canceled a Phoenix contract for fiberglass and plastic parts for buses. That loss led Phoenix to cut its workforce to about 20 employees. At one time, the firm employed more than 100.
The polymer-matrix composite fabricator owes nearly $104,000 on a business expansion loan from Crookston, according to the city's clerk and treasurer, Betty Arvidson. The original 2003 loan amount was $150,000, and the firm ``is a few months' delinquent,'' Arvidson said by telephone.
Crookston obtained the money through a U.S. Department of Agriculture intermediary re-lending program, and the city operates a revolving fund to benefit local economic development.
Phoenix operations included reaction injection and resin transfer molding and open molding, including hand layup.
Thermoformer plans recycling center
EAST JORDAN, MICH. Horticultural thermoformer East Jordan Plastics Inc. is buying a building in South Haven, Mich., with plans to set up a regional recycling center for its operations, according to a local economic development agency.
``What really excites us is that they are [keeping] the stuff out of the landfill,'' said Ron Kitchens, chief executive officer of the development agency, Southwest Michigan First.
The East Jordan-based thermoformer has purchased a 126,000-square-foot site that had housed an auto parts supplier, and is revamping it for use as a recycling center for its pots, trays and flats used in growing flowers and vegetables indoors.
``They've developed a completely recyclable line of trays and the building will be used as a recycling plant for its manufacturing plants,'' Kitchens said. He said that nearby Kalamazoo ``is the bedding capital of America millions of plants have been grown here in greenhouses.'' He added that East Jordan will be collecting, washing and repelletizing trays that will be gathered regionally from nurseries in Michigan, Indiana and Illinois.
Kitchens said that the recycling plant will create about 50 jobs at startup, scheduled for the second quarter of this year.
East Jordan officials were not available for comment.
The company will gain some incentives, including a tax abatement credit for the reuse of the building, Kitchens said.
East Jordan operates manufacturing facilities in East Jordan and Beaverton, Mich.