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Moldmaker Opens Doors in Costa
Rica's Competitive option to
Asian Tools
International Precision Molds
S.A. (IPM) is the name of a new
injection moldmaker
headquartered in Alejuela. The
firm celebrated its business
launch with an open house in
February.
IPM has 25 employees handling
both machining and texturing for
molds, of which the largest can
run on 1000-ton injection
molding machines. IPM is located
in a free trade zone, so no
duties or taxes are added to
material costs, and no duties
need to be paid on molds shipped
to the U.S.
IPM is a partnership between
Bankier Companies Inc., Comet
Die & Engraving Co., and
Plasticos Star (Alejuela, Costa
Rica).
Bankier is an injection molder
serving the consumer,
laboratory, electronics, and
agricultural markets; Comet is a
110-yr old moldmaking company
with 70 employees; and Plasticos
Star is a Costa Rican injection
and blowmolder of packaging,
closures and consumer goods,
based in San José.
“Customers will be pleased with
the convenience of placing molds
in Costa Rica, versus China,”
said T.J. Donlin, COO of the new
firm and president at
family-owned Comet Die &
Engraving Co., which will
guarantee and support the molds
made in Costa Rica.
“U.S. customers can now buy
competitively priced molds in
Costa Rica through a company
that understands the
high-pressure, time-sensitive
nature of the U.S. consumer
market,” says Jack Bankier, CEO
of IPM and owner and CEO of
Bankier Companies
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