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
Companies & Associations

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

Niigata sells all 3 injection molding machines shown at NPE 2015

March 31, 2015 2:53 pm ET

Niigata sold all three injection molding machines displayed at its booth during NPE 2015 — and many more than that, officials said.    More

Image

Mucell adds polypropylene parts to its potential resin applications

March 30, 2015 11:59 am ET

Structural polypropylene applications are now candidates for the use of Mucell microcellular foaming technology.    More

Image

Light shines on plastics innovation

March 30, 2015 10:57 am ET

The Society of Plastics Engineers shone a light on the benefits of plastic at NPE with its Plastics for Life competition, with the Grand Prize going...    More

Image

Haitian aims to revolutionize US molders' purchase process

March 27, 2015 9:00 am ET

Haitian International Holdings Ltd. (Booth W3683) is introducing new machines to North American molders with four presses on display at its large...    More

Image

Flextronics launches global injection molding, tooling unit

March 26, 2015 4:29 pm ET

Flextronics International Ltd. (Booth S34125) is officially launching Precision Plastics, a global injection tooling and manufacturing unit, as a part...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

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

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

More Events