Husky grants Pelco technology license
BOLTON, ONTARIO Pelco Tool & Mold Inc. has received an exclusive license for Husky Injection Molding Systems Ltd.'s patented technology for rotating ratchet rings in North America.
Husky developed the system for unscrewing closure molds in the 1990s, and recently decided to move out of that line of business. Pelco of Glendale Heights, Ill., will take over production of molds using the rotating ratchet ring, or RRR, technology.
The toolmaker has worked with Husky to build molds using RRR for about 12 years, said marketing director Frank Schnobel. Husky will continue to supply mold bases for RRR tools.
With RRR, the mold core is stationary, while the finished part is unscrewed from the mold. Other systems for molding screwed parts have a mobile core. Because the core does not move, there is less wear and tear on the mold, Schnobel said.
Pelco believes the licensing agreement will give it an edge in production and winning new business, while allowing Bolton-based Husky to focus on other technology, Schnobel said.
Permian expands site, adds equipment
O'FALLON, MO. Permian Plastics Inc., an O'Fallon injection molder, has invested more than $750,000 in additional production and warehousing space.
The company added 15,000 square feet to its 22,500-square-foot facility. The investment includes machinery, pad printing, a subassembly area, expanded sonic-welding capabilities, machinery and upgraded automation.
Permian recently added two injection presses, bringing its total to 20. It plans to add two presses within four months and hopes to hire as many as eight workers in the coming year. It now employs 45.
The firm focuses on companies with high-precision requirements in the health-care, food, optical, electronics, cosmetic and consumer markets.
Xten selected for energy-related grant
KENOSHA, WIS. A Wisconsin initiative on energy efficiency and renewables has awarded a staffing grant to contract manufacturer Xten Industries LLC of Kenosha.
The grant from Wisconsin Focus on Energy will help Xten identify energy-saving opportunities and hire staff for projects that otherwise might not be completed. The amount of funding was not disclosed, but could be as much as $80,000.
Wisconsin Focus on Energy, based in Madison, works with eligible residents and businesses to implement energy-saving projects. The group selected several firms from among 36 applicants for 2009 grants.
Xten had 2008 sales of more than $15 million and occupies 77,000 square feet of space. The company operates 33 injection molding machines with clamping forces of 75-2,000 tons.