Prospect Mold Latest News

On April 4th 2022 Prospect Mold took delivery of a new Okuma GENOS M560-VB Vertical Machining Center. With travels of 42"x22"x18" and a 15000 RPM head, Prospect is excited to put this crucial update to our machining capabilites to work for our customers.

Prospect Mold, today announced it has been approved by The Boeing Company to machine composite components to the Boeing BAC 5114 specification. Prospect is one of only a few manufacturers to achieve this prestigious qualification.

“This approval marks the completion of a qualification process that included a rigorous evaluation of Prospect’s capabilities by Boeing. We would like to thank Boeing’s BAC 5114 supplier approval team for its collaborative approach,” stated Brandon Wenzlik , Prospect’s CEO. “Together, we developed a well-defined specification that has demonstrated robust, repeatable processes to machine tight tolerance and challenging composite flight components.”

“Achieving this qualification further validates Prospect’s position as a global leader in the composite tooling and critical machining space, and clearly demonstrates our ability to support all Boeing Divisions, its subsidiaries and Tier 1/2 composite suppliers,” said Wade Carpenter, Prospects Vice President of Sales.

Prospect and Boeing are now working to apply the BAC 5114 specification to several programs for existing and future components.

About Prospect Mold
A leader in the tooling industry, Prospect provides engineering and design services for all types of tooling, including RTM, Injection Mold, Compression Mold, Crush Core, Vacuum Form, Lay-up Molds and Trim Tools, materials development, high precision CNC machining, post-processing and metrology. Prospect works with the most innovative companies in the space, aerospace, automotive and industrial markets to rapidly transition their most challenging part designs to tooling and manufacture. The Company is registered to AS9100D and ISO9001. For more information visit www.prospectmold.com.

Prospect is looking forward to participating in the American Aerospace & Defense Summit 2021. We look forward to connecting with so many existing and potential customers through this exciting event. Schedule your B2B meetings with our team today.

Prospect Mold is excited to meet with industry professionals next week in Dallas at the CAMX event. Stop by our booth Q55 to visit with the Prospect sales team and discuss our wide range of tooling that supports composite manufacturing. Did you know Prospect also machines composite parts? Learn about the 5-axis production part machining we perform for customers supporting the F-35 and other programs.

Prospect Mold has announced the placement of an order for another Fooke Five Axis milling machine. The Fooke 704XL will be the fifth machine from this manufacturer at Prospect and will be operational in January of 2020. The new machine will have the largest "Y" travel of any machine at Prospect with 140". The overall travel of the machine will be 220" x 140" x 40" and will be configured for machining complex carbon fiber parts, finishing large molds, and tools.

Prospect Mold is very excited to announce the hiring of Wade Carpenter as Senior Sales Manager. Wade will be located off-site from his home in Fort Worth, TX. He brings just over 20 years knowledge of the Aerospace Tooling industry with him to Prospect. This strategic hiring gives Prospect two salesmen west of the Mississippi to serve out Great Plains and West Coast customers.

In June of 2019, Prospect Mold installed a OMV Roller from Gruppo Parpas. The linear machine has travels of 72" x 48" x 40" and an 18000 RPM spindle. The machine will increase Prospect’s internal capacity for very tight tolerance finishing.

Prospect Mold is proud to announce the installation of their 5th Parpas five axis mill. The Parpas Diamond 30 Linear became operational in January of 2019. With travels of 120" x 104" x 40" this mid-size gantry milling center will be used for machining complex carbon fiber parts, finish machining of molds, and tools.

With the rapid growth of the Resin Transfer Mold business in the last few years, Prospect Mold & Die has made significant changes to our equipment and personnel to provide our customers with the highest level of service. The changes started being implemented in the summer of 2017 and should be complete by March of 2018.

Dedicated assembly bays have been developed next to the current Quality Room for seamless transition between the areas. The tight tolerance requirements of these tools, requires levels of inspection during assembly that are not normal in the injection mold field. Each bay has been equipped with granite tables and storage racks for the multiple inserts and mandrels needed for each mold.

Due to the added inspection required, Prospect Mold has purchased and installed one more CMM and two more FARO Arms. The CMM, our second, is a Brown & sharpe XCEL with travels of 59" x 35" x 33". The two FARO arms are 9”diameter EDGE arms. One of the arms will be used within the QA department, while the other is mounted to a rolling cart and can be utilized in any of the RTM assembly bays for in process checks.

The final addition is a second Mikron HPM 800U. This high speed five axis machine is equipped with a pallet changer. Installation will be complete in February with the machine operational in March. These two machines are the workhorses when it comes to tight tolerance, complex inserts and mandrels.

Over the last 8 months, Prospect Mold & Die has made an effort to grow their outside sales force to better serve their growing customer base. With the hiring of three new employees in specific geographical locations, our footprint throughout North America has grown significantly.

Our first new sales office is located in Salt Lake City, UT. The aerospace tooling market in the US is vast and spreads from coast to coast. Having a sales office west of the Mississippi gives Prospect the ability to service those customers much sooner without the need of a cross-country flight.

The final sales office is located in Greenville, SC puts Prospect Mold in the center of a quickly expanding region full of injection and compression molders. Tier 1 & 2 automotive suppliers have migrated to the Southeast from the Detroit area, Europe and Asia. Joining an already strong custom molding industry, the Southeast has quickly become the US center of molding. Having personnel in Greenville, gives Prospect the ability to provide sales support to customers in eight different states in less than 6 hours.

Despite the migration of automotive molders to the Southeast, Detroit still remains the administrative and engineering hub of the automotive industry. Prospect Mold has established an office in Detroit, MI for the sole purpose of having someone with daily availability to all of these customers.

Installed and operational in February of 2016, the Parpas Linear Diamond machining center joins the ever growing family of five axis machines at Prospect Mold. This is the third Diamond that Prospect has acquired, but the first that is a Linear machine and will be dedicated to machining of carbon fiber parts for our aerospace customers.

The machine came equipped with a paper filtration system that pulls the carbon fiber dust from the coolant which keeps pump maintenance at a minimum. The machine also has M&H software and a five axis probe installed to allow for inspection of all machined surfaces without removal from the machine. With a table size of 110" x 66" and travels of 87" x 59" x 39" the Diamond is the perfect machine for many of our applications.

In mid-Summer 2014, Prospect Mold & Die purchased a new OPS-Ingersoll EAGLE 1400Plus XL EDM machine. The machine will arrive in early October and be operational by November of 2014.

The machine comes equipped with a tank that will hold blocks up to 101″ x 60″ x 31″ and has travels of 93″ x 50″ x 36″. Maximum electrode weight is 3,300 pounds. Equipped with the latest controller technology this machine will move Prospect to the forefront of EDM technology and provide around the clock support for the EDM needs in the Injection Mold building area.

Prospect Mold & Die recently purchased and is now installing a new Parpas Active Five. The new machine will be Prospect’s twelfth Five Axis machining center. With travels of 118″ x 71″ x 33.5″ this machine will provide finish machining for Prospect’s entire portfolio of tooling including Resin Transfer Molds, Crush Core Dies, Injection Molds, Trim Fixtures and Lay-Up Molds.

Installation and training should take 3-4 weeks, Prospect expects the machine to be up and running in late October of 2014.

Prospect Mold and Die Company recently completed a $2.5 million expansion that included the addition of 24,000 square feet of manufacturing space for their new Molding Products Division, and the purchase of a multi-component ENGEL 1650 duo, 2-platen injection molding machine.

Installed in their new 24,000 square foot Molding Technologies Division facility, located in Akron, Ohio, the new multi-component ENGEL duo 4400H/2000H/1350L/1650 combi US injection molding machine is equipped with a 2 station continuous rotary table, an integrated ENGEL viper 40 robot, and is equipped with up to 4 component molding capabilities with shot capacities ranging from 33-110 oz.. The creation of their new Molding Products Division increases the company's in-house capabilities and expands the level of customer support that they are able to offer.

"The additional space and purchase of the new molding machine will further enhance our customer support capability and solidify our commitment to provide best-in-class, multi-material tooling solutions as well as expand our diversified portfolio by adding a Molding Technologies Division to our company", said company president Brandon Wenzlik.

According to Wenzlik, the expansion will benefit and support customers by enabling the company to handle all mold trials, including final commissioning in house, eliminating the need for back-and-forth shipments during trial phases. It also allows Prospect to offer multi-shot trial and short-run production solutions, which are important when customers experience periods of constrained capacity.

 

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