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StackTeck ups capacity with investment of US$14 mn

StackTeck ups capacity with investment of US$14 mn

Even with uncertainties in the global market, StackTeck Systems Ltd, a global manufacturer of high-volume injection moulding solutions for thinwall packaging, closures, PET preforms, personal care and medical products, has continued to increase capacity over the past three years. The company has continued with investments in new machinery and automation throughout its manufacturing and testing facilities totalling US$14.3 million.

StackTeck ups capacity with investment of US$14 mn

Michael Gould, StackTeck’s COO stated: “Over the last three years we have invested an average of US$4.6 million per year representing about 8% of our order intake. At the same time, we are finding synergies between our mould and automation lines resulting in highly integrated mould specialties such as servo driven mould functions and in-mould automation delivering highly integrated solutions to our customer base.”

He adds that the investment in StackTeck’s manufacturing facilities has resulted in capacity increases of 13% in high-speed milling, 50% in EDM, and 50% in gun drilling, further enabling the company’s ability to deliver large multi mould programs.

Vince Travaglini, StackTeck’s President/CEO stated: “We are continuing to invest to handle strong demand for our products despite ongoing uncertainty with the current global trade challenges. We are happy to announce that we are currently planning an Open House for this fall where we will showcase some of our latest mould and automation technologies and our customer base will be able to come and see those, as well as the investments we have made throughout our plant in the last few years.”

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