Axiom Doubles Capacity in Mexico
The $12-million expansion includes investment in eight new injection molding machines ranging in size from 550 to 2400 tons.
July 12, 2023
Axiom Group announced this week that it plans to build a second 80,000-square-foot facility at its Mexico plant, doubling capacity and creating room for several additional injection molding machines and tooling.
Based in Aurora, ON, the contract engineering and manufacturing services provider to the automotive industry said the $12-million expansion will create capacity for the existing plant to focus on manufacturing, while the second building will provide much-needed warehouse space for shipments of finished goods and raw materials. In addition to doubling manufacturing space at its Mexico plant, the reorganization of manufacturing and storage space will also allow for a projected doubling of revenue in 2024, said Axiom.
The company will be adding eight injection molding machines ranging from 550 to 2400 tons, which will allow for the addition of 55 tools and 90 different part numbers to its existing database. The plant in Mexico specializes in thermoplastic injection molding of components and assemblies; capabilities include two-shot urethane foam sealing and multi-cavity tooling.
In addition to its plant in San José Iturbide, Mexico, Axiom operates four facilities in Canada and one in Capac, MI.
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