CHARLOTTE, N.C.—Urethane and rubber product maker Molded Dimensions Inc. has expanded its operation and increased its capabilities with the addition of a mold maker.
It also plans to purchase another facility in late May to house its latest acquisition and a division that's presently housed at its complex of buildings in Port Washington, Wis.
Molded Dimensions recently purchased Knuth Machine and Tool, based in Grafton, Wis., for an undisclosed amount and renamed the business KM Tooling, according to Mike Katz, president of Molded Dimensions.
KM Tooling, which serves the rubber and urethane industries, will be moved to the soon-to-be acquired plant in Grafton, Wis., located about five miles from Port Washington, he said. It will occupy about 9,200 square feet of the structure and will close its present factory.
Its work force of eight experienced tool and die makers, engineers, pattern makers, jig and fixture makers, and machinists has been retained, Katz said, and will operate out of the new facility. Another employee is being added at the factory, he said.