Micro molder Accumold LLC plans to break ground on a $10 million, 40,000-square-foot facility this spring and will add 200 employees in the next three years, according to President and CEO Roger Hargens.
The Ankeny, Iowa-based company injection molds high-precision parts, some which measure only microns, for the medical, micro-optic, electronics and other high technology industries. Its parts are used in personal communication devices, surgical tools, medical devices, hearing aids and many other products containing tiny parts.
“The market is coming to us and we're growing,” Hargens said.
He said Accumold has been micro molding since its start in 1985 and that it has drawn work from many Fortune 150 companies.
For the company, it is the second major expansion in five years. It added 44,000 square feet in 2010 as part of a $7 million project. This time however, Hargens said that they putting up a building that will be capable of withstanding a F-5 tornado.
He said that the facility is not in flood plain or a dangerous area, but that they taking the extra steps to ensure their customers of a very safe place for their products. The addition will also be climate-controlled as is the rest of the facility. It will also be served by a backup power plan.
Hargens said the company currently runs 121 production presses and will add about 150 machines, with the largest being 30 tons. The company builds its own specialized machines and they can handle volumes ranging from prototypes to millions of parts per year.
Hargens said Accumold is committed to the community. The company has 221 employees and it will nearly double its workforce in the next three years. The company is in operation 24 hours a day and seven days a week. Accumold has hired 18 employees since Jan. 1 and is planning a Feb. 21 job fair at its facility.
The company currently has an 82,000 square foot with six clean rooms, either Class 10,000 or 100,000. The new addition will offer all Class 100,000 clean room space.
Hargens added that there is still more room for growth, as the company owns 17 acres and the facility has room to grow as large as 210,000 square feet.
