NPE
Star Prototype China Limited of Zhongshan, China and JDL Technical Services (of Windsor, Ontario) have announced today one of the first orders of the NPE show. Star Prototype is purchasing Perfect CalCard Mold and Part Quoting Software with a long-term view of offering full online quoting of rapid injection mold tooling and parts from China. (See picture attached of Mr. Peter Vigil and Mr. Jeff Lambing of JDL Technical Services receiving the order.)
Star Prototype China employs 100 people in a 33,000 ft2 factory and was founded in China in 2005. STAR is owned and run by British Engineer Gordon Styles, one of the founders of the UK RP industry – "My goal from the beginning was to offer the full western quality experience but at half the price from China. We have come to realise that quoting tools very quickly and accurately is extremely important. With Perfect Calcard we will be able to shorten our quotation time and be more accurate with our pricing and technical analysis. Eventually we aim to offer a full online automatic quoting experience with detailed technical feedback for clients all over the World."
Star Prototype was founded in 2005 and now has sales of USD 8m, no debt, cash in the bank, and is growing at in excess of 50% per year. Gordon Styles again - "We have no VC's involved in our business, no banks, no investors – therefore I can focus all of our financial resources into our facilities. Typically we spend 90% of everything we earn on equipment. Last year alone we spent USD 300,000 in inspection equipment. 2012 is the year of further investment in rapid injection mold making equipment."
"Given the recent acquisition and IPO activity in the rapid injection molding and additive manufacturing arena, we feel very confident that our industry is experiencing somewhat of a secondary explosion. Already we are making 50 to 60 rapid injection molds per month. We expect this to quadruple over the next two years. I don't think this would be possible without substantially professionalizing our quoting process and significant investment."
Gordon Styles – Managing Director can be reached on gordon.styles@star-prototype-china.com or +86 138 2272 8700 for comment. Website: www.star-prototype.com
JDL Technical Services provides customizable tool & part estimating software for tool makers or tool buyers that gives quick, consistent, and reliable results for the injection molding, die cast and stamping industries. Learn more about Perfect CalCard and JDL Technical Services at www.JDLTech.ca
