Germany's Woco planning second molding plant in Mexico

By Stephen Downer
Correspondent

Published: September 19, 2012 6:00 am ET

Related to this story

Topics Automotive, Injection Molding

QUERÉTARO, MEXICO (Sept. 19, 10 a.m. ET) — Tier 1 auto industry supplier Woco Group appears likely to build a second manufacturing plant in Mexico as it aims to keep pace with the rapidly expanding Mexican automotive industry.

A spokeswoman for the family-owned German company, whose customers in Mexico include Volkswagen AG, BMW AG and Ford Motor Co., told Plastics News a decision on the plant’s location will be made within 18 months.

In late August, Woco of Bad Soden-Salmünster, in the German state of Hesse, announced a $12 million expansion of its Querétaro facility, 140 miles northwest of Mexico City, opened in 2007 and operated by Woco Tech de México SA de CV.

An additional $18 million will be invested in machinery and auxiliary equipment for the plant over the next four years, according to Samuel Ramos Otero, director of Woco operations in the North American Free Trade Agreement zone, in a news release.

Woco estimates Querétaro will generate sales of about $65 million by 2016, accounting for 15 percent of its global sales, Ramos Otero said. "We have invested heavily in technology and quality systems, with which we are currently in a position that allows us to face any challenge that the automotive industry in NAFTA may present."

The $12 million is being used to increase the size of the factory from 64,600 to 107,600 square feet and for the purchase of new injection molding equipment.

The Woco spokeswoman said about $2 million is being invested in several new presses, one with a clamping force of 1,000 tons, another of 500 tons and one or two of 200 tons, which are scheduled to be installed over the next few months.

The company’s favorite suppliers of injection molding machines are Krauss Maffei Technologies GmbH and Arburg GmbH + Co KG. Already installed in Querétaro are presses ranging in clamping force from 70 tons to 500 tons. They include one 70-ton press, four of 100 tons, two of 130 tons, three of 200 tons and two each of 400 and 500 tons.

Plastic injection molding and the assembly of plastic parts represent between 50 percent and 60 percent of all activities at the plant, which employs 300, about 210 of them in manufacturing, the spokeswoman said. Ramos Otero added that he expects Woco to double the number of employees there within several years.

Items produced include cylinder-head covers, air-intake and channeling components, and actuators.

On its website, Woco — which started manufacturing operations in Mexico in Querétaro, in 1993 — lists 18 vehicle makers and 29 suppliers among its customers.


Comments

Germany's Woco planning second molding plant in Mexico

By Stephen Downer
Correspondent

Published: September 19, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Globalization brings sizable growth, primarily in Asia

November 25, 2014 1:40 pm ET

In 1990, the year after Plastics News published our first issue, there were 33,000 injection molding machines sold worldwide. Fast forward to 2013,...    More

Image

Uni Cap to build cap molding plant in Jordan

November 25, 2014 12:57 pm ET

The Persian Gulf's largest molder of caps and closures is investing $10 million in a new factory near Amman, Jordan, as part of an effort to boost...    More

Image

Canada's Papp Plastics is eyeing big opportunities with JV in Mexico

November 24, 2014 4:11 pm ET

Canadian injection molder and turnkey solution provider Papp Plastics & Distributing Ltd. will open an $11 million to $12 million joint venture...    More

Image

AMA Plastics adds presses, changes management structure

November 24, 2014 3:57 pm ET

AMA Plastics Inc. has strengthened its management structure, received recognition for entrepreneurship, achieved quality improvements and added three ...    More

Image

Indiana injection molder PRD expands

November 24, 2014 1:56 pm ET

Automotive supplier PRD Inc. is expanding its manufacturing facility in Springville, Ind.    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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 Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events