U.S., Mexico, S.E. Asia drive export growth for Haitian

By Robert Grace
Associate Publisher & Business Development Director

Published: April 24, 2012 6:00 am ET

Related to this story

Topics Injection Molding, Machinery

SHANGHAI (April 24, 2 p.m. ET) —  Business in North America continues to improve for giant Chinese injection molding machine maker Haitian International Holdings Ltd., according to one of the company’s senior officials. At the Chinaplas 2012 trade show, Helmar Franz, executive director and chief strategy officer for the Ningbo-based firm, stressed the importance of the U.S. market globally.

“A big part of our Chinese market is also driven by America,” he said. While it’s almost impossible to quantify, he said, “the connection with the North American market is much more than just sales in the U.S.” Multinationals and also smaller, foreign-owned companies in China need support locally, so when business conditions improve abroad, it can have a positive effect on their operations in China.

Franz also praised the efforts of Absolute Haitian Corp., their Worcester, Mass.-based U.S. affiliate for “doing a great job” for them. As reported recently from the NPE2012 show, Absolute Haitian is opening a technical center in a western suburb of Cleveland, Ohio, to handle increased business and build stronger links with auto parts manufacturing companies in the region.

Franz noted that, because of Haitian’s strong position in China’s domestic market, “export always has greater potential for us.” And he said the greatest opportunities for export currently lie in the areas surrounding the United States, particularly Mexico, as well as in Southeast Asia.

The latter markets are being driven in part by rising costs in China, which prompted Haitian last year to launch a factory in Vietnam, where it is making only its standard presses. Thailand, he noted, is big user of all-electric presses, and Japanese makers are quite strong there.

At Chinaplas, Haitian was touting second-generation models of all its best-selling machines. Franz said the company has sold a total of more than 60,000 presses in the past five years, and claims a market share of more than 40 percent for all injection machines in China’s domestic market, with a much more dominant position in the sector for machines of 1,000 tons of clamping force and larger.


Comments

U.S., Mexico, S.E. Asia drive export growth for Haitian

By Robert Grace
Associate Publisher & Business Development Director

Published: April 24, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Somple named president of Mack Molding

September 2, 2014 4:30 pm ET

Jeff Somple, president of Mack Molding Inc.'s Northern division, has been promoted to president of all of Mack Molding Inc.    More

Image

GI Plastek to open expanded N.H. plant

September 2, 2014 3:02 pm ET

GI Plastek Wolfeboro LLC, a custom structural foam and injection molder of medium and large parts, is unveiling a 35,000-square-foot expansion this...    More

Image

Minnesota Rubber & Plastics has new leader, new focus

September 2, 2014 12:18 pm ET

With new leadership, Minnesota Rubber & Plastics is setting the foundation for long-term success.    More

Image

Battenfeld-Cincinnati secures major Chinese extruder deal

September 2, 2014 10:58 am ET

An undisclosed major Chinese pipe manufacturer has ordered 25 extruders from German-Austrian company Battenfeld-Cincinnati's subsidiary, Battenfeld-...    More

Image

Baxter investing $300 million to expand dialyzers production in Alabama

August 29, 2014 12:53 pm ET

Baxter International, Inc. is expanding its Opelika, Ala. manufacturing location to boost production of dialyzers, a key component of hemodialysis the...    More

Market Reports

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

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

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

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