ACCUMOLD TO BREAK GROUND ON MAJOR PLANT EXPANSION

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ACCUMOLD, ANKENY HIGH-TECH PLASTICS MANUFACTURER, TO BREAK GROUND ON MAJOR PLANT EXPANSION

ANKENY, Iowa – Accumold, a global leader in the design, development and production of micro-engineered parts for various high-tech industries, will break ground this spring on a 40,000-square-foot, $10-million expansion in order to add more than 200 employees in the next three years, President and CEO Roger Hargens said today.

The expansion at 1711 S.E. Oralabor Road mirrors a similar-sized, $7-million expansion on the same site in 2010, but Hargens said there is one significant difference.

“This latest addition will be robust/hardened facility capable of withstanding an F-5 tornado to ensure that we continue to meet the production demands of our global clients. This construction feature is an essential part of our well-developed and executed business continuity plan designed to always meet our commitments to our Fortune 150 customers and other high-tech clients,” Hargens said.

Hargens noted that the company, founded in 1985, continues to be a leading employer of high-skill workers in central Iowa. Accumold, which has 221 employees operates 24/7 with three weekday shifts and two 12-hour shifts on weekends. They have hired 18 employees since Jan. 1 and are holding their own job fair at the facilities from 10 a.m. to 2 p.m. on Feb. 21.

“It’s ironic that a company with a laser focus on producing such micro parts has grown so large,” Hargens said. “But it’s our commitment to innovation and being the best at what we do that has kept us on the global stage and fueled our growth. And, there’s no place we’d rather achieve this growth than in Ankeny. Our city and state officials have been tremendously supportive of this company every step of the way and continue to do so.”

Since its inception, Accumold’s mission has been the production of super-micro, ultra-precision, plastic injection-molded parts with components that often measure in mere microns. Parts manufactured by the firm are critical components for the medical, micro-optics, electronics and other high-tech emerging industries. They can be found in personal communication devices, telecommunications, surgical tools, hearing aids, medical devices, antennas, connectors and more. To produce those parts, Accumold builds specialized molding machines engineered to handle volumes from prototypes to millions per year while maintaining consistent, precise tolerances that are unique in the industry. For more information about the company, log on to www.www.accu-mold.com.

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micromolding components next to EU coins.

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