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

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

North American robot sales set record

July 30, 2014 4:46 pm ET

The North American robotics sector is off to its fastest start ever, shattering last year's first-half record, with a first-half 2014 of 14,135...    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

Gear pump maker Witte expands in Germany and USA

July 25, 2014 2:15 pm ET

Witte Pumps & Technology GmbH, the German maker of gear pumps for extrusion, has moved into a new headquarters factory in the Hamburg area, and the...    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

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