Injection molder and toolmaker Plastic Design & Manufacturing Inc. is building a 20,000-square-foot addition to its factory in Manhattan, Mont., to accommodate its expanding two-shot molding business. The company said the new space should be ready by early October.
"PDM experienced significant growth during 2020 and is continuing the trend in 2021," PDM owner and CEO Michael Groff said in a recent news release. "We are expecting to end the year with approximately $17 million in sales."
The company has developed customers requiring two-shot molding services and recently purchased two new Arburg 550-ton machines that it expects to put into operation by the end of the year.
Groff also announced the company is restructuring its executive team. Groff will become chairman, to be replaced as president by current CFO Randy Scheid. Jim Smith was named vice president of engineering and operations in Montana, and Sam Lazcano will become vice president of Mexico operations (PDM MX Plastics S de RL de CV).
PDM employs 180 in Montana, Mexico and China. It launched in 1998 to provide offshore, turnkey tooling and product development. In 2009, it established its headquarters in Montana and began injection molding there. In 2015, the company expanded to Ciudad Juárez, Mexico, investing $500,000 to open an injection molding, assembly and tooling facility and sharing resources with a local company, Advanced Molding Technology.
PDM serves the consumer, hardware, recreational products, communications, appliance and pet supplies markets. Its products include food and drink plastic platters, rifle ammunition magazines, PVC pipe joints, fishing nets and electrical outlet covers.