Longzu Plastic adding metalworking

By Nina Ying Sun
Assistant Managing Editor

Published: April 5, 2012 6:00 am ET

Related to this story

Topics Injection Molding, NPE 2012

ORLANDO, FLA. (April 5, 5:20 p.m. ET) — Thermoset injection molder Longzu Plastic Molding Co. Ltd. of New Taipei City, Taiwan, is expanding into metalworking, which it believes is helping to grow its traditional plastics business and achieve a high precision and integrated business model.

The example given by sales manger Gary Yang in an interview with Plastics News is a RF switch connector, which he described as a board-mounted receptacle, designed for inspection of high frequency circuit.

“This is a high growth item, probably growing five to 10 times this year,” he said. Applications include cell phones, portable wireless devices, and other wireless and RF measurement equipment.

The company’s new center is equipped to perform metal injection molding, stamping, die-casting, forging and aluminum extrusion. It also injection molds plastics (thermoset, thermoplastic and insert molding) and fluoropolymers.

Yang said he is noticing a clear uptick in the export markets. Longzu exports 40 percent of its products, mostly to the U.S. and Southeast Asia.

The first-time NPE exhibitor hopes to grow the company’s U.S. sales. Longzu has been in St. Louis-based Emerson Electric Co.’s supplier recognition program for years.

Longzu’s production is exclusively located in Taiwan with a fully integrated test center to ensure a zero defect rate, Yang said. On the plastics side, it plans to add three to five machines this year.

Due to China’s rising costs, some Taiwanese manufacturers have moved production from mainland China back to Taiwan, said project manager Frank Wu.

“When they relocate back to Taiwan, they try to improve automation and make higher precision products.”

Just like mainland Chinese exporters, Taiwanese firms are also facing an appreciating local currency against the U.S. dollar, another source of pressure to become more efficient and pursue higher-value-added products. The New Taiwan dollar gained 2.6 percent just during last quarter.

The company expects to grow its sales by 15-20 percent this year from 200 million New Taiwan dollars (about US$7 million). It employs about 100.


Comments

Longzu Plastic adding metalworking

By Nina Ying Sun
Assistant Managing Editor

Published: April 5, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Newell Rubbermaid expanding production, employment in Kansas

March 3, 2015 3:31 pm ET

Newell Rubbermaid Inc. is expanding and extending plastics molding technologies at its Winfield, Kan., manufacturing plant and distribution center.    More

Image

Best Places To Work: No. 5, Plastic Components Inc.

March 3, 2015 2:50 pm ET

Plastic Components Inc. had a busy 2014: It built a house, earned a patent, spun off a business, added presses and expanded its staff.    More

Image

Best Places To Work: No. 2, B&B Molders LLC

March 3, 2015 1:56 pm ET

Britt Murphey is trying to retire. But he's just having too much fun.    More

Image

Best Places To Work: No. 4, Ayanna Plastics & Engineering Inc.

March 3, 2015 2:39 pm ET

Ayanna Plastics & Engineering Inc., a Clearwater, Fla., injection molder and toolmaker, ranks No. 4 on the Plastics News Best Places to Work list....    More

Image

German molder picks North Carolina for US manufacturing plant

February 26, 2015 4:21 pm ET

UPDATED — German medical goods company Raumedic AG has chosen Mills River, N.C., for its first U.S. manufacturing site and U.S. headquarters.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events