Formaplex (Hampshire, UK) has expanded its manufacturing facilities, with an additional 120,000 square feet purpose built factory set on a 7.25-acre site on the South Coast, in close proximity to the company’s three manufacturing facilities. The new technical center ‘Voyager Park’ will increase production space by 80%. Collectively, the company’s total footprint now spans 270,000 square feet across four sites.
The investment in its manufacturing capabilities includes the acquisition of five additional injection mold presses, ranging from 2,000t – 70t, a new assembly and finishing department to include a semi-automated paint line, spray booths and some robotics.
The new facility will accommodate a total of 15 injection mold presses, to support the increased demands of lightweight molded components, together with in-house finishing, assembly and metrology departments.
“We have experienced rapid and steady growth for the last five years, resulting in our current sites working at full capacity. The growth has been positively impacted by confidence in the automotive sector and increased international demand for UK premium car brands. We are currently producing 600 injection mold tools and molding about 3 million thermoplastic components per year, predominantly for the automotive industry. Our new premises will ensure we have the additional capacity to continue to provide our services and world class products to our blue-chip customer base. Our 400+ strong, highly skilled workforce has also increased significantly over recent years, approximately 100 new job opportunities will become available at Voyager Park,” says Formaplex CEO Mike Bryant.
Editor PickA tsunami of growth: An inside look at the CSP/Teijin merger
I had the opportunity to meet and interview the top executives of Continental Structural Plastics (CSP, Auburn Hills, MI, US) and Teijin Ltd. (Tokyo, Japan) last week. The occasion was an open house and celebration of the acquisition of CSP by Teijin.