When Carl Morris bought a second molding plant in 2007, he called it "a leap of faith." The economy was heading into a punishing recession, but the move put his injection molding presses closer to one of his largest customers, which Morris knew was planning a large program in electrical "smart" meters, a product his firm was already molding. Morris anticipated a multi-mold project that had been delayed, but was due to start a few months after purchasing the plant.
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