PMT Invests in New Equipment to Support Growth

Contract manufacturer Plastic Molding Technology (PMT), El Paso, Texas, invested close to $1 million in new equipment this year to support new contract awards that will require additional capacity.

PMT has taken delivery of 10 new Maruka USA Toyo injection molding machines in 2021 so far, including three 55-ton, four 110-ton and two 200-ton presses. PMT also invested in its first injection molding machine under 40 tons, with a new Toyo 20-ton horizontal machine. The new investments will support key customers in the telecommunications, medical device and electrical industries. The company is projecting a double-digit increase in overall sales this year.

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