American Plastic Molding Corp. is launching a $1.5 million investment in new equipment at its Scottsburg, Ind., operation to keep up with new business.
APM already has added about 20 employees to bring its current workforce up to 120, and expects to add another 40 during the next three years, said President Floyd Coates.
The custom injection molder also will add more production equipment and consider an expansion to its facility as work expands, Coates said. The company can tap into up to $300,000 in performance-based tax credits from the Indiana Economic Development Corp. to help finance its new jobs. The city of Scottsburg is providing a property tax abatement.
APM has insert molding and its own in-house tool shop, in addition to 38 presses. It works in a variety of industries, with parts for office furniture, industrial, automotive and consumer products.
A lot of the experts say that we need to specialize and find a niche, Coates said in a June 29 telephone interview. My niche is that I'm a custom injection molder. I specialize in my ability to do what the customer needs.
He credits customer service with drawing new business. The company just started producing plastic neti pots and other nasal-cleansing devices and received a contract to make parts for a car stereo.
The stereo parts were previously produced in Mexico, but APM's customer cited quality and delivery problems that prompted him to bring the business to Indiana, according to the company.
As part of its customer service angle, APM regularly hosts design aid seminars to provide product developers and designers with information about molding and mold making and how they can avoid common problems that would cost them time and money.
I can save the customer a lot of grief if we do the right educational job, helping him to understand what happens when [parts] go through the mold and how they shrink, Coates said.
It's not a criticism, but the problem is that many designers design steel parts, electronic circuits, they design with die castings, with extruded aluminum they have to deal with so many processes, they can't know everything.
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