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

Tessy investing $10 million in new plant, infrastructure

July 30, 2014 4:57 pm ET

Tessy Plastics Corp. continues to buy factory buildings in upstate New York — acquiring a 112,000-square-foot former Honeywell building in...    More

Image

Obituary: Andrew 'A.J.' Janosko

July 29, 2014 12:14 pm ET

WASHINGTON — Andrew “A.J.” Janosko, the former director of trade show operations for the Society of Plastics Industry Inc., died on ...    More

Image

One51 adding injection molder Straight to its bin molding portfolio

July 29, 2014 10:12 am ET

Dublin-based One51 plc has had its purchase of British trash bin maker Straight plc cleared by the United Kingdom's Competition and Markets Authority.    More

Image

Columbine Plastics moving to new Colorado site

July 25, 2014 11:38 am ET

Custom injection molder Columbine Plastics Corp. plans to move from Boulder, Colo., to the Colorado Technical Center in Louisville, Colo.    More

Image

Metals and plastics company NN to buy Autocam in $300 million deal

July 25, 2014 10:07 am ET

A Tennessee metals and plastics company said it has agreed to acquire auto parts supplier Autocam Corp. in a deal valued at $300 million.    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events