European toolmaker sets up Russian plant

Richard Higgs

Published: September 24, 2012 6:00 am ET

Related to this story

Topics Molds/Tooling

LA SÉGUINIÈRE, FRANCE (Sept. 24, 12:50 p.m. ET) — Leading European toolmaker Shapers’ Group has established a new mold manufacturing plant at Kaluga, in the heart of Russia’s expanding western automotive industry zone.

Shapers’ Group, part of Arrk Corp., which comprises the French tooling business Arrk Tooling Sermo France and Germany’s Zimmermann Formenbau GmbH, invested 3.5 million euros ($4.5 million) to set up the Russian facility.

The firm intends to make compression molds in Kaluga, providing a range of services from model development to plastic product prototyping.

The business will repair and upgrade molding and non-molding equipment for plastics processing as well as metal forming dies.

Shapers’ Group focuses on serving the automotive sector through its six plants worldwide including facilities in La Séguinière; Gladenbach, Germany; Bydgoszcz, Poland; Wuhan, China, and Pune, India. The group also has partnerships in North America, Portugal and China.

With 900 employees worldwide, Shapers’ Group achieved annual sales of 85 million euros ($109 million) and produces around 550 molds per year.

Zimmermann and Sermo were originally acquired by Japan’s Arrk Group in 2005 via its offshoot Arrk Product Development Group. Two years later, the companies created a joint venture in Wuhan, and in 2009 the two mold making firms came together to form Shapers’ Group.


Comments

European toolmaker sets up Russian plant

Richard Higgs

Published: September 24, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Austrian mold maker seeking North American manufacturing partner

July 25, 2014 1:49 pm ET

An Austrian mold maker is looking for a manufacturing location in North America.    More

Image

Tooling Technology has new private equity owner

July 25, 2014 11:55 am ET

New York private equity firm GenNx360 Capital Partners has partnered with management to buy Tooling Technology Holdings LLC, a diversified Ohio-based ...    More

Image

Wisconsin mold maker doubling facility size

July 16, 2014 2:05 pm ET

A Germantown, Wis. toolmaker is planning to more than double the size of its facility.    More

Market Reports

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

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

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

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events