D&M Plastics LLC, a Burlington, Ill.-based injection molder, is expanding its capacity and boosting its capabilities.
The company in recent months has hired four key team members: Martin Tremonti as chief operating officer, Pam Fisher as manufacturing manager, Alex Mounsey as senior quality engineer and Brian Wood as project engineer.
"I couldn't be happier. All of these folks are helping us to take on the new business that we've gotten in the last four or five months, and I know they're going to help us as we continue to grow the top line," Chip Owen, D&M president and CEO, said in a telephone interview.
D&M specializes in tight-tolerance, highly engineered precision parts for medical, electronic, defense, aerospace and automotive customers. Owen said the company is experiencing significant growth so far in 2021.
"Interestingly enough, based on the first few months, my expectation is we're going to be close to 20 percent ahead of last year. So that feels pretty good," Owen said.
Owen is concerned about supply chain issues, but they have not been a major problem so far.
"We haven't had a lot of issues in finding supply. You know it hasn't been easy, but we've been successful in finding materials or finding substitutes when we weren't able to get a specific resin. A couple more customers have allowed us to use those substitutes," Owen said.
"We saw early in the year, and at the end of last year, that there could be some issues in resin markets, so we started working with our customers right away to make sure that we can get as much as was necessary," he said.
"One of the things that we're seeing is that some of our customers are actually having issues with other components," like steel, he said.