NEWNAN, GEORGIA (May 23, 2:20 p.m. ET) — Custom Molded Products Inc. has moved its U.S. distribution operations 15 miles to larger quarters and may incorporate some production capabilities there.
The company currently does all of its manufacturing in Shanghai.
In early 2012, CMP acquired a 240,000-square-foot facility in Newnan and subsequently relocated 50 employees and its inventory of components for spa, pool, whirlpool bath and chemical industry applications from an 110,000-square-foot building in Tyrone, Ga.
CMP has occupied the Tyrone site for 15 years and continues to own the facility, said Bill Drury, CMP co-owner with Charles Li.
CMP owns the Shanghai plant and is contemplating developing U.S. capabilities for one or more of its assembly, injection molding and blow molding functions to meet increases in domestic demand and as an alternative to boosting production in China.
“The building purchase gives us physical space” prior to deciding “which portion of operations we might move back,” Drury said in a telephone interview.