LONDON Superior Extrusion Inc. (SEI) is on track to add a second industrial precision saw at its Gwinn, Mich., facility by February.
The move is part of the extruders plan to double its fabrication capabilities within the next two years, which will increase the proportion of its revenue that comes from fabrication to 20 percent from roughly 5 to 10 percent now.
"(The equipment is) all bought and pretty much ready to go," president and chief executive officer Dan Amberg told AMM. "Were a couple of months away. Its just a matter of opening up that floor space."
Once the company completes a 10,000-square-foot expansion of its facility, likely by January, SEI will move offices, parts and tools from its maintenance department to the new space, creating room for fabrication operations, he said.
The Gwinn-based company also continues to mull an extrusion expansion (amm.com, June 28), although it isnt in a rush to do this just yet, Amberg said.
"Its only been three years since we put the 9-inch press in, and I would say were close to capacity," he said. "And it looks like well be close to capacity (next year). We just want to do the fabrication expansion (to secure) revenue increases in that area and provide our customers increased value-added options. (At that point,) well then probably say, `Do we want to consider something long term as far as an additional extrusion expansion? "
SEI operates 7- and 9-inch extrusion presses with a combined annual nameplate capacity of between 30 million and 35 million pounds, as well as an industrial precision saw, a miter saw, two punch presses, several multiple-head drill setups, two deburring machines and a coping machine.