Things are going well for injection molder Plastic Components Inc. Very well.
“2016 is going to be a very, very strong year for us,” owner and President Tom Duffey said recently by phone. “We plan to keep growing and keep the team focused on looking down the road.”
The No. 14 company on Plastics News' Best Plastics to Work ranking grew its sales 23 percent in 2015 over 2014, bringing its total to about $26.4 million. Through February 2016, Germantown, Wis.-based PCI achieved record sales in each of the past eight months and has no plans to slow down.
“All of which means I'm not retiring,” Duffey said, laughing.
PCI has added equipment, staff and space in the past year.
The company built a $2.2 million, 23,000-square-foot expansion for one of its plants between Memorial Day and Christmas, bringing it up to 38,000 square feet. It spent another $1.2 million on four new Toyo all-electric presses and support equipment, bringing the total number of presses at the 24/7, lights-out facility to 14, with clamping forces of 55-90 tons. The building, which just opened five years ago, now can accommodate 40 machines, and PCI has reached the maximum possible footprint on that 2-acre parcel, he said.
The company has another 46 fully automated manufacturing cells running around the clock at a second Germantown site. Those presses range in size from 35-400 tons.