BRAMPTON, ONTARIO — Mold-maker StackTeck Systems Ltd. is investing in new machining equipment and beefing up its pilot cell for in-mold labeling.
“In the last 18 months, we've spent over $4 million on new equipment,” said Jordan Robertson, general manager of business development and marketing. The metalworking equipment — including a large plate machining line, Netstal and Toshiba injection presses for mold testing, robotics and high-speed machining centers — boosts production capacity to support growing business, and cuts lead times.
StackTeck has about 100 machine tools at its Brampton headquarters factory. The company has eight injection presses, in clamping forces as large as 660 tons.
StackTeck employs 230 people and generated $50 million in sales in 2013. Robertson said the company expects sales to grow about 10 percent in 2014. StackTeck makes stack molds, molds for caps and closures, and other types of tooling for high-volume production, specializing in thin-wall packaging. The company has expertise in special molds with collapsing cores, in-mold closing and in-mold assembly, unscrewing and coinjection molding.
StackTeck teamed with Kortec Inc. to make what the companies claim is the world's first coinjection stack mold.
The company's markets include specialty caps, closures, consumer goods, housewares, cosmetics, medical and pharmaceutical.
In an interview in StackTeck headquarters, Robertson said the mold maker played a key role in pushing IML technology in North America. The technology grew first in Europe.