MEADVILLE, PA. (March 13, 12:20 p.m. ET) — Tech Molded Plastics Inc. has completed a 38,000-square-foot expansion to its plant in
The company, which announced the project a year ago, acquired an adjoining facility, nearly doubling its size to 92,000 square feet, and attached a corridor to connect it to the main building.
With an investment of over $2 million, the facility's upgrades include plasticizing technology for high precision models, computerized monitoring of plastics processes and advanced RJG training certification in plastics processing.
The facility began production in a phased approach from late December 2011 through January 2012, according to Mark Hanaway, vice president.
Tech specializes in close tolerance molded plastics for high precision products and now maintains 33 injection molding machines ranging in weight from 40 to 440 tons. The expansion holds 12 of the 33 presses with the ability to add up to 20 more within the next three years. The company has targeted the purchase of 2 to 4 new presses within the next three months.
“One of the greatest hurdles for innovators to overcome is the regulatory compliance rules and regulations for job growth, facility investments and non-value added oversight by local, state and federal guidelines,” Hanaway said. “The system has become far too complicated and slow for small businesses to effectively manage growth opportunities.”
The new facility includes a dedicated training center for skills enhancement training, continuous education classes and basic training for new employees.
Tech currently employs 125 full time and has several job openings ranging from entry level to senior management.
The addition will optimize production efficiencies with efficient overhead lighting fixtures, energy conserving windows, a climate control system and inventory management processes using ERP/MRP technologies.
“The pride of American manufacturing is very evident in the overall design as red and blue accents compliment the production area's white floor and panels,” the company said in a news release.