Our Story

MPC was established in 1980 to address the automotive industry need for a responsive prototype molding shop, specializing in high quality plastic parts such as gears and complex assemblies. 

Today, that legacy remains strong but under new ownership since 2006, Molded Precision Components has developed its capabilities and technologies far beyond prototyping.  Leading our sector in Industry 4.0 implementation, MPC offers a full-service, multi-disciplinary engineering, product development and precision injection molding service, complemented with our own in-house tool building operation.

We are a mid-size, hands-on, owner-operated business with a fully engaged and highly motivated work force who all take pride in maintaining our reputation for uncompromising product quality and customer service. With a combined 28,000 sq. ft. of engineering and molding expertise we are conveniently located 10mins North of Barrie, ON an manufacture complex, tight -tolerance plastic parts with high functional and/or engineering demands in service. We collaboratively partner with some of the World’s most demanding automotive suppliers and manufacturers, as well as a number of other industry sectors such as consumer products, medical, off-road recreational, and electrical/electronic products. As a proud Canadian manufacturer, our components ship around the globe and we look forward to adding your Company to our roster of collaborative partners in manufacturing.  

Timeline is available on desktop site only

Our Timeline

  • 1980

    MPC is Founded

    MPC is founded in 1980 as Molded Plastic Consultants.

    aerial view of the original site of MPC
  • 2006 Q1

    A NEW LEGACY..

    David Yeaman and Thomas Woegerer purchased the company during the summer of 2006.

    David Yeaman and Thomas Woegerer after purchasing MPC
  • 2006 Q2

    GAINED FIRST ISO 9001 CERTIFICATE

    MPC earns its first ISO 9001 certificate
  • 2007 Q1

    INVESTED IN RJG- IN CAVITY PRESSURE SENSING

    MPC invests in RJG-in cavity pressure sensing
  • 2008 Q2

    INVESTED IN GEOTHERMAL TEMPERATURE CONTROL

    MPC invests in geothermal temperature control
  • 2009 Q2

    ACKNOWLEDGED BY CIPEC AS A LEADER OF ENERGY CONSERVATION

    MPC is acknowledged by CIPEC as a leader in energy conservation
  • 2009 Q4

    PURCHASED FIRST ARBURG TECHNICAL MOLDING MACHINE

    MPC purchases its first arburg technical molding machine
  • 2010 Q1

    ADDITION OF MATERIAL HANDLING ROOM

    ADDITION OF MATERIAL HANDLING ROOM

  • 2011 Q1

    ADDITION OF THIRD INJECTION MOLDING MACHINE ROOM

    MPC renovates to include a third injection molding machine room
  • 2011 Q2

    PRESENTED WITH MUNICIPAL AWARD FOR OUTSTANDING BUSINESS GROWTH

    David Yeaman, MPC CEO, accepts award for outstanding business growth
  • 2012 Q2

    ADDITION OF FOURTH INJECTION MOLDING MACHINE ROOM

    MPC renovates once more to include a fourth injection molding machine room
  • 2013 Q1

    ADDITION OF SILOS AND SILO PAVILION

    MPC acquires a silo pavilion to put their silos in
  • 2013 Q4

    IMPLEMENTED FIRST CNC, EDM AND HIGH SPEED CNC MILL

    MPC acquires CNC machine, EDM and High speed CNC mill
  • 2014 Q1

    PURCHASED SECOND MPC FACILITY

    MPC expands into a second building
  • 2015 Q2

    COMPLETED BUILDING 2 RENOVATIONS

    renovations at MPCs second building are complete
  • 2015 Q4

    PURCHASED FIRST COORDINATE MEASUREMENT MACHINE

    MPC purchases firsts coordinate measurement machine, a Mitutoyo machine
  • 2016 Q2

    GAINED FIRST ISO/TS 16949 CERTIFICATE

    MPC earns its first ISO slash TS 16949 certificate
  • 2016 Q3

    TEN YEAR ANNIVERSARY OF MPC UNDER OWNERSHIP OF DAVID YEAMAN AND THOMAS WOEGERER

    celebrating the 10th anniversary of MPC under owndership of David Yeaman and Thomas Woegerer
  • 2017 Q3

    BEGAN RE-BRANDING AS MOLDED PRECISION COMPONENTS

    MPC rebrands as molded precision components, pictured is the new logo
  • 2018 Q1

    GAINED IATF 16949 CERTIFICATION

    MPC earns IATF 16949 Certificate

Our Culture

With great integrity we enthusiastically pursue excellence in everything we do. Operating as a family, we extend compassion and respect to one another embracing the responsibility to cultivate an atmosphere where each of us, our customers, our suppliers and the environment can thrive. As equally valued members of a cohesive team, we encourage growth, innovation, collaboration and efficiency, while humbly celebrating our reputation as a World-class organization.

Our Core Values

Integrity Collaboration Innovation

complex gears icon

Integrity

We exhibit strong moral principals in all of our interactions & processes

people talking about gears

Collaboration

We value each other’s contributions and work together in unity toward our common goals

gear fused with lightbulb

Innovation

We pursue excellence in everything we do