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

Falcon Plastics expands in South Dakota

January 29, 2015 11:45 am ET

Falcon Plastics Inc. is putting the final touches on a 60,000 square foot addition that will nearly double the size of its Brookings, S.D.,...    More

Image

African equity fund invests in Kenya's General Plastics

January 28, 2015 4:24 pm ET

An African investment fund specializing in agriculture has invested in Kenyan packaging firm General Plastics Ltd. to provide funds to expand in the...    More

Image

Major packaging merger includes plastics operations

January 26, 2015 12:24 pm ET

A merger of packaging companies MeadWestvaco Corp. and Rock-Tenn Inc. will create a new company with nearly $16 billion in annual sales.    More

Image

Viking Plastics honored for employee relations

January 26, 2015 12:43 pm ET

Custom injection molder Viking Plastics has won DevelopErie’s 2014 Employer of the Year Award for manufacturing in the Erie, Pa., region.    More

Image

Continental builds low-emission interior trim factory in China

January 26, 2015 12:33 pm ET

Benecke-Kaliko AG is making the largest investment in its history to build an environmentally friendly auto interior trim plant in China, prompted by ...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

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

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

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

More Events