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

Haitian builds system for Renault's new China auto assembly plant

April 24, 2015 11:10 am ET

A late-comer to the world's largest auto market, French carmaker Renault SA is currently building its first factory in China.    More

Image

Wittmann Battenfeld betting on big for future sales

April 24, 2015 12:34 pm ET

Five hundred visitors packed into MacroPower Days, about twice as many as Wittmann Battenfeld GmbH officials initially expected — proof, they...    More

Image

Michigan OSHA fines injection molder

April 23, 2015 4:09 pm ET

Michigan-based injection molder Grand Rapids Plastics Inc. faces $558,000 of fines following inspections from state regulators investigating the June ...    More

Image

Deluxe Plastics honored for cart designed to make tool changes easier

April 21, 2015 4:24 pm ET

Deluxe Plastics Inc. used its single-minute exchange of die — or what is better known as a SMED cart — to claim the first Innovation...    More

Image

Keeney adds nine presses to increase capacity at two plants

April 20, 2015 4:21 pm ET

Keeney Manufacturing Co. has installed nine more injection molding machines at two of its East Coast plants to increase production capacity for plasti...    More

Market Reports

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

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

Upcoming Plastics News Events

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

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events