Plastic Molding Technology Inc. (PMT), El Paso, Texas, a manufacturer of precision-engineered, injection-molded plastic components, announced its lease of an additional 39,000 sq. ft., an expansion that will increase the total facility footprint to nearly 100,000 sq. ft. by the fourth quarter of 2020. The new space will allow the company to focus on new technology and value-added services while retaining its convenient export access to the Mexico market.
“PMT is laser-focused on supporting our customers, whether through providing more value-add services or by proactively eliminating potential risks in their supply chains,” said Charles A. Sholtis, CEO of PMT. “The decision to expand within our current building footprint means we can seamlessly add more capabilities and capacity without a disruptive move to a new location.”
With the expansion, PMT will occupy the entire building space at 12280 Rojas Drive in El Paso. Now in its 47th year of business, PMT has experienced considerable growth in the past 5 years.
Growing its facility footprint is part of PMT’s strategic plan to expand its medical molding capabilities alongside its other main business segments. PMT already dedicated 2,500 sq. ft. of existing space to a new medical molding center. This space is being prepared for installation of four all-electric molding machines, ranging up to 165 tons. Alongside the new medical space, PMT is actively working toward both ISO 13485 and ISO 14001 certifications in 2020.
PMT also remains focused on implementing automation across the facility. Currently over 95% of the company’s 62 injection molding machines are running either advanced automation or robotic systems.
PMT also continues to see strength in the Mexico export market. The company’s expanded space, combined with its strategic location, will support major international assembly operations in Mexico.
“With the final signing of the USMCA, PMT is more confident that our strategic location on the US-Mexico border will be imperative to our continued growth, especially as a key export supplier to assembly operations across the border,” Sholtis said.
For more information, visit www.PMTinc.com.
