RIVERSIDE, CALIF. (March 9, 12:05 p.m. ET) — Proprietary and custom injection molder Edge Plastics Inc. plans in June to move less than half of a mile to larger quarters in Riverside.
“We ran out of room and have been looking for a long time,” said Dave Grimes, owner and president.
In late February, Edge Plastics leased 69,000 square feet of industrial space for 10 years. O'Gorman Pacific Realty Inc. represented both parties.
The landlord agreed to redo the offices, rework the parking area and install an early-suppression fast-response sprinkler system. Edge will add cooling towers and “hopes to have a better plant layout,” Grimes said.
Currently, Edge Plastics occupies Riverside buildings of 24,000 and 14,000 square feet. Grimes owns the larger structure and may lease or sell that property.
Grimes founded Edge Plastics in 1988 and, subsequently, created two additional entities—ODI Grips and Promotion Systems Inc.—for marketing and fulfillment of proprietary lines accounting now for about 60 percent of total sales. Other general purpose custom molding work involves items for dental, pool and spa, industrial and airline-food-service applications.
ODI products, mostly of thermoplastic rubber, include dual-ply, lock-on and single ply grips for all-terrain vehicles, motocross-style bicycles and mountain bikes. Also, ODI makes aluminum and plastic end plugs and grips for fixed-gear bikes, snowmobiles and watercraft. ODI is an acronym for “observe, design, innovate.”
Promotion Systems supplies the point-of-purchase industry with countertop and floor stock display racks and merchandising strips and accessories.
Edge Plastics employs 70 including two mold makers with two helpers and operates 14 injection molding machines of 50-500 tons. New hydraulic presses, one each of 200 and 150 tons and both from Fortune, went into operation in late 2011.