Anchor Tools and Plastic de México, S.A. de C.V.

Información

Anchor Tool and Plastic was founded in 1968 in Valley TV, in a 600 square foot space. Initially, the company purchased two Bridgeport mills, a grinder, a saw and a lathe and began to build molds. On the weekends, the company rented press time to produce parts. The market for plastics in Minnesota declined and Anchor expanded outside of the region to new customers. ( MIPCO, Honeywell, TRW), Dial Manufacturing, and General Instruments in Arizona. It was this interaction with General Instruments that lead to the opening of a new plant in Nogales, Mexico. The initial plant started at 27,000 square feet with 5 new presses and equipment. The initial issue with staffing in Mexico was that Anchor was the only molding facility in Nogales. Anchor began molding and assembling center console parts for a major foreign automaker. The Mexico plant was expanded to 60,000 square feet. 2006, Anchor received another major assembly contract with a foreign auto company. Mexico continues to be an exciting place to do business, and Anchor is continuing to diversify the types of customers and parts that we produce. We look forward to improving our process even more as we meet the challenges provided by the changing technological and business environment.