Security storage firm invests in laser cutting
American Locker Group, a supplier of secure storage systems (e.g. lockers and mailboxes), has added a new laser cutting system to "aggressively grow" its contract manufacturing business.
Coppell, TX - American Locker Group, a supplier of secure storage systems (e.g. lockers and mailboxes), has added a new laser cutting system to "aggressively grow" its contract manufacturing business.
The new Amada FOM2 NT 4kW laser will help reduce lead times, material waste, and tooling costs, and increase manufacturing flexibility -- "all of which should result in improved contract manufacturing economics," according to the company.
American Locker began offering contract services in 2009 and has seen accelerated growth in this business, with expectations that this will continue and spur product and market diversification. The company's contract manufacturing surged 285% in 1H12 and 429% in 1Q12 from the same periods in 2011. In the past year the company has extended its manufacturing capabilities by moving to a new facility and adding a powder coat line and other fabrication equipment.
“We believe this new laser cutting system will help accelerate our growth in contract manufacturing,” said Paul M. Zaidins, American Locker’s president/CEO. “At American Locker, our goal is to increase stockholder value, and we strive to do this, in contract manufacturing and in our other markets, by offering the highest quality products at competitive prices. The addition of this advanced cutting system to our manufacturing capabilities is another significant step in our pursuit of that goal.”