Injection molder Matrix 4 Inc. is getting enterprise resource planning software, upgrading capabilities and adding talent.
Software solutions provider IQMS is installing an integrated cloud-based version of its ERP program that will go live Aug. 5, said Patricia Miller, the owner, CEO and self-styled visionary of Woodstock, Ill.-based Matrix 4.
During 2017 alone, Matrix 4 invested more than $1 million in capital equipment. Equipment enhancements in recent years have included molding machines, dryers, conveyors and robotic systems.
Currently, Matrix 4 operates 25 injection molding presses of 75-850 tons, including two Haitian units delivered in September: an 845-ton Jupiter II servo-hydraulic two-platen molding machine and a 618-ton Zhafir Zeres all-electric press.
"We transitioned out two old presses," Miller said.
Matrix 4 is planning on asking sales and service agent Absolute Haitian Corp. of Worcester, Mass., to deliver a 1,124-ton Haitian Jupiter II wide-platen molding machine in late 2018.
Matrix 4's presses include four other Haitian units. Miller said she wanted consistency with the control interface and the company's positive relationship and experience with the brand.
She said buying the Haitian machines at favorable prices enabled Matrix 4 to move forward.
In March, Sujit Sheth joined Matrix 4 as chief operations officer. Sheth has more than 20 years' experience in the plastics industry, primarily in the caps and closures niche and custom molding environment in production, quality and operational positions. Among other things, he worked for employers experiencing growth modes, turnaround situations, consolidations and plant moves.
"We are approaching a new phase" in the company's resurgence and can utilize Sujit's knowledge, Miller said.
In May 2016, Will Scott joined Matrix 4 after owning a mobile application development company. He is chief financial officer and system integrator.
The CEO's sister, Holly Miller, coordinates the scheduling and materials functions.
Among its investments, Matrix 4 acquired conveyors and pickers from Molding Automation Concepts Inc. of Woodstock, seven robots from Yushin Precision Equipment Co. Ltd. and six energy-efficient dryers from Matsui Manufacturing Co. Ltd.