There in no cash flow coming in to Molded Precision Components (MPC).
Yet, the Oro-Medonte business is keeping its 55 employees on the job and is hiring more people.
The engineering and injecting moulding company manufacturers for the automotive industry, but business has dried up in the wake of the pandemic.
Company President David Yeaman said they are retooling to produce face shields and parts for ventilators.
During normal times, the company uses a number of tools such as precision injection moulding, 3D printing and product design.
Yeaman said they have been working with the lead doctor of the Intensive Care Unit at Royal Victoria Regional Health Centre in Barrie regarding the design of the face shields and a medical company for packaging and shipping.
The products will be medically-approved.
Within four weeks, Yeaman hopes MPC will produce 5,000 face shields a day and within eight weeks the goal is to churn out two million face shields a month.
A face shield prototype should be completed this week.
Yeaman said the company will be producing the shields and parts without any income, though the firm is working to nail down contracts.
His voice is filled with enthusiasm about this new venture, in fact he chuckled and said what’s happening is “kind of a Hail Mary.”
MPC is looking to fill a variety of positions including mould makers and tool design engineers.