Custom injection molder and mold maker MacFam Inc. is closing its Riverside, Calif., operations within a month.
Robert I. Macias founded the company in 2001 in its current leased 15,000-square-foot location and operates it as MacFam Plastics.
“We have lost a couple of customers and had a difficult stretch,” Macias said by telephone.
At its peak, the business had employees “in the low 20s” and sales “in excess of $2.5 million,” Macias said.
MacFam provides secondary functions. Equipment includes units for sonic welding, pad printing, silk screening, hot stamping, sub-assembly and packaging.
The company has retained auctioneer Tauber-Arons Inc. to dispose of 11 injection molding machines of 28-720 tons, two vertical mills and related assets. The injection presses include nine LG and two Arburg machines.
Onsite inspections at the plant will occur Aug. 18-20 with online and in-person bidding beginning there at 1 p.m. Aug. 20.