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

New medical firm buys Clairson Plastics

September 19, 2014 4:33 pm ET

Custom injection molder Clairson Plastics is being sold to a new start-up that plans to dive into the medical market with a new dialyzer, a key...    More

Image

Hong Kong's TK eyes expansion, may buy Nypro Tool operation

September 19, 2014 2:49 pm ET

Hong Kong-based mold maker and plastics processor TK Group (Holdings) Ltd. said it's reached a tentative agreement to buy a tooling factory in...    More

Exo-s buys injection and blow molder in Mexico, expands footprint

September 19, 2014 2:15 pm ET

Custom molder Exo-s Inc. has bought an injection and blow molding operation in San Juan del Rio, Querétaro, Mexico.    More

Image

Smartphone work adds 52 percent to sales for China's Eva Precision

September 18, 2014 4:37 pm ET

Growth in supplying the smartphone and automotive industries helped Chinese processor Eva Precision Holdings Ltd. push injection molding sales up 52...    More

Image

Nolato Contour beefs up white room molding capabilities

September 18, 2014 11:56 am ET

Nolato Medical has extended its controlled environment options to include a white room at its Baldwin, Wis., Nolato Contour plant.    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

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

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

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

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

More Events