Media Contact: Scott Reisfield, Chief Marketing Officer, Lighthouse Molding, (734) 834-4937, email@example.com
Sterling Heights, Mich. – May 21, 2015 –Lighthouse Molding Inc., a Sterling Heights-based technology leader in low pressure overmolding technology to encapsulate and protect electronic assemblies, received a $50,000 investment from Automation Alley’s technology investment committee. The announcement was made by Scott Reisfield, Lighthouse Molding’s chief marketing officer.
“This additional investment from Automation Alley allows us to manage our rapid growth and focus on continuing to provide high impact, cost-saving solutions to our customers. This is just one of the many benefits that we have derived from our partnership with Automation Alley,” Reisfield said.
Lighthouse Molding is a member of Automation Alley’s 7Cs™ entrepreneurship program. Automation Alley, Michigan’s largest technology business association, launched the 7Cs™ in December 2014 with a specific emphasis on helping advanced manufacturing startups across Southeast Michigan. With assistance from Automation Alley’s entrepreneurship experts, Lighthouse Molding, the first client of Automation Alley’s 7Cs™ program, and other client companies are guided through a customized seven-step process that starts with the conception of their technology and leads to commercialization. The program includes intense coaching and a commitment from Automation Alley to invest resources and capital.
Lighthouse Molding Inc. was congratulated for its efforts by Tom Kelly, Automation Alley’s director of entrepreneurship.
“We are very impressed with the work we see being performed by Lighthouse Molding,” Kelly said. “Using low pressure overmolding, Lighthouse Molding protects electronic assemblies while generating cost savings, product performance improvements, better reliability and production efficiencies. They are on a positive growth trajectory and well deserving of this additional infusion of capital.”
About Lighthouse Molding, Inc.
Founded in 2005, Lighthouse Molding, Inc. is a technology leader in low pressure overmolding (LPO) solutions to protect electronic assemblies. The company designs and manufactures LPO machinery and also supplies LPO resins and performs LPO contract manufacturing. For more information, visit http://www.lighthousemolding.com/.