08/24/2004

New Wire Processing
Equipment Added

07/31/2004
LC&D's Six-Month
Sales through June
30th Increase 71%

06/30/2004
Keeping
Customers
Happy!

05/01/2004
Increases Insert
and Over-Molding Capacitying

12/18/2003
Execs suggest ways
to revitalize sagging
manufacturing sector

 



     
Press Room Press Releases April 3, 2002
 

Plant Running 24-7, Increases $2 Million Investment in Plastic
Injection Molding, Expands Capacity 66% and Enhances Capabilities

 

 

Summary

Lighting Components and Design, Inc., announced today that is had placed orders for a number of state of the art injection molding machines and related equipment.

This increases LC&D's $2 Million Investment in Plastic Injection Molding by increasing capacity 66% while expanding capability and enabling the introduction of newly designed, more complex products using multiple materials and colors at one time

These new machines have additional functions which enable the company to expand its palette of manufacturing and molding technologies, thereby bringing newer, better and more complex products to market in the time shortest practicable.

With these new "in-house" capabilities LC&D will be able to mold two widely different materials at one time, for automatic assembly into a single end product. Additionally, a new "vertical shuttle" machine will enable us to use "overmolding" and "insert-molding" to produce more complex products in a single machine while avoiding operator intervention and manual assembly.

This investment in manufacturing technology will yield immediate financial benefits to LC&D, while bringing our customers new high technology products, shortening delivery schedules for existing products, and enabling us to move into new product and market areas.

Complete Story

Lighting Components and Design, Inc., announced today that is had placed orders for a number of state of the art injection molding machines and related equipment from Battenfeld of America, a leading supplier of manufacturing and automation equipment.

This increases LC&D's $2 Million Investment in Plastic Injection Molding by increasing capacity 66% while expanding capability and enabling the introduction of newly designed, more complex products using multiple materials and colors at one time

Jacob Rosales, LC&D's Research and Development Manager said:

"These new machines have additional functions which enable us to expand our palette of manufacturing and molding technologies, thereby bringing newer, better and more complex products to market in the time shortest practicable.

"With these new "in-house" capabilities we will be able to mold two different materials at one time for automatic assembly into a single end product. These materials may differ widely from each other in color and more molding characteristics.

"For example, we will be able to simultaneously mold both Nylon and Santoprene which require widely different molding temperatures and pressures because of their special properties. A new "vertical shuttle" machine will enable us to use "overmolding" and "insert-molding" to produce more complex products in a single machine while avoiding operator intervention and manual assembly."

Dave Dickler, LC&D's Chief Financial Officer said, "This investment in manufacturing technology will yield immediate financial benefits to LC&D, while bringing our customers new high technology products, shortening delivery schedules for existing products, and enabling us to move into new product and market areas."

"By way of reference," he went on to say:

  • "Our Molding Division is "fully loaded" with little excess capacity to make parts which we incorporate into our basic products.
  • "We have more workload in the pipeline, new products under development and are almost in the enviable position where we can't build product fast enough using our in-house facilities, so, until now, we've been using outside suppliers to supplement our existing capacity.
  • "These machines will let us bringing work in-house that has historically been sourced at our suppliers, saving about half the cost of vendor produced parts.
  • "Lastly, we have new products under development, soon to go to market, which will use up what little excess capacity the NEW machines might have. In fact, it is likely we will acquire additional machines in 3-6 months to accommodate this additional production.
  • "Most of the production on the above new machines will be under long term, multi-year production runs which typically run 3-8 years, often longer with minor modifications.
  • "The machines, of course, will be used for future products, as well."

Dickler closed by saving "from a Return on Investment point of view, and from a Technology and Capability perspective, this is one of the best investments we've ever made. It benefits LC&D, its customers and end users - Everybody wins!"

About Lighting Components and Design, Inc.

For further information about LC&D: who we are, what we do, company history, ISO/TS 16949:2002, recent developments, etc., click here.




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