StackTeck Accelerates Capacity Growth to Improve Lead Times
Continuing aggressive plans to increase capacity with investments of over $4 million in new equipment in 2015, StackTeck is planning another $ 4.2 million to be spent in 2016 in new machinery and automation throughout their manufacturing and testing facilities. During both years, the rate of capital spending is more than double that of pre-2015 levels.
Lou Dimaulo, StackTeck’s Vice President Operations stated: “We plan to invest over $4.2 million in new machine tools within a time window of less than 12 months, which will allow us to ensure strong support for our customers’ new product launches. We have implemented a new scheduling system in the central areas of our manufacturing facility, so that we can keep close control of the new jobs that are brought into the manufacturing floor. New machines and robotics will add productivity throughout the plant allowing us to get work done more efficiently and effectively.”
“Delivering great customer experiences is what we are focused on at StackTeck. Our capacity has been substantially increased in the last few years. Since 2011 our average yearly sales growth has been 7.5%, and we are now positioned to grow much more rapidly. We also have the resources available to deliver on large mold programs while improving our overall lead times,” said Randy Yakimishyn, President and CEO of StackTeck.