Automotive injection molder Century Mold Inc. will invest $4.2 million to expand its Shelbyville, TN plant, a move that ultimately will create 58 new jobs. Tennessee Gov. Bill Haslam and Economic and Community Development Commissioner Bill Hagerty joined with representatives from Century Mold to announce the investment on Jan. 13.
According to the company's website, the operation in Shelbyville covers 100,000 sq ft, and runs 25 injection molding machines, ranging in clamp force from 60 to 1150 tons. It also has a full tool room with the capacity to build molds up to 20,000 lb.
In early 2012 Century Mold will start construction on a new injection molding facility in Queretaro, Mexico located in the El Marques Industrial Park. The company plans to invest more than $15 million on new equipment for this facility over the next 36 months, with the plant to cover approximately 100,000 sq ft and able to house injection molding machines up to 3500 tons. ...