2011 – With steady continued growth and opportunities CVT adds 3 more molding presses.
2012 – CVT updates and adds additional molding presses now totaling 20 machines.
CVT installs a new water system conserving 10,000 gallons/week. This new system is the beginning of CVT’s “Green/Environmentally friendly” effort.
A new submersible wire EDM is added to the tool room.
2014 – With flourishing sales and the need for space CVT enlarges the warehouse. The current facility is now 30,000 square feet in size.
Lloyd Baker begins retirement and Shawn Baker is promoted to President.
2015 – CVT designs and installs a “Heat Recovery system” to use post process heat. This new system can heat the entire warehouse without a furnace and saves thousands of dollars.
CVT adds a new high amperage EDM with a large tank to build larger precision molds.
A 3D printer is added to offer rapid prototyping.
A commitment is made to always have the latest version of 3D CAD design software.
2016 – CVT adds a new 500 ton molding press, a material storage silo, and an automated material conveying system. This new equipment allows CVT to grow its molding operations and decrease handling costs.
2017 – Shawn Baker and wife Katie, formally purchase CVT from Lloyd and Lucy Baker. Lloyd and Lucy are now retired with no responsibilities to the company. Lloyd currently has a new much smaller office in the back of the building where he enjoys free coffee and internet.
In an effort to increase training, CVT offers New York State Apprenticeship training for Toolmakers and Plastic Process Technicians. CVT employs 45 people.
2018 – With growing medical and precision molding opportunities CVT purchases 2 new Vertical molding machines. By years end CVT will have 23 molding presses ranging from 20 to 500 tons. Tooling /Mold-making and Design sales increase at a rapid pace. A new high-speed machining center is installed.
2019 and beyond… We predict continued growth for decades to come. It is our goal to grow CVT at a rate the keeps up with customer demand without compromising service. Our finances are managed to minimize debt for stability and allowing cash purchases for growth. We are here for the long term, relying on our most important asset: OUR EMPLOYEES to service our VIP partners: OUR CUSTOMERS.
