SRG and Faltec building molding plant in Thailand

By Rhoda Miel
News Editor

Published: September 25, 2012 6:00 am ET

Related to this story

Topics Mergers & Acquisitions Automotive Injection Molding
Companies & Associations

WARREN, MICH. (Sept. 25, 4:50 p.m. ET) — North American auto supplier SRG Global Inc. and its Japanese alliance partner Faltec Co. Ltd. have launched construction on a joint venture facility near Bangkok, Thailand.

The plant, at Gateway City Industrial Estate 80 miles east of Bangkok, will open during the third quarter of 2013, the companies announced Sept. 25.

SRG Global of Warren, Mich., and Faltec, based in Kawasaki City, Japan, signed a global strategic alliance in 2011. The Thailand facility will mark their first all-new project together. It will have injection molding, chrome plating and painting for front grilles, side moldings, rear trim and roof rails.

“It is a significant initial step in what we hope will be many tangible steps that we envisioned at the outset of the alliance. Reaching this point in such a short timeframe will allow us to harness the best of both companies for the benefit of our customers,” said SRG President and CEO Kevin Baird, in a news release.

The plant will produce parts for Nissan, Ford, Honda, Isuzu and General Motors vehicles.


Comments

SRG and Faltec building molding plant in Thailand

By Rhoda Miel
News Editor

Published: September 25, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Eriks NV buys two US polymer companies

April 24, 2015 10:38 am ET

Dutch company Eriks NV is expanding its reach in the North American plastics sector with two acquisitions: Dallas-based Seals and Packings Inc. and...    More

Image

Danish packaging firm Faerch buys UK's Anson as part of growth strategy

April 24, 2015 9:37 am ET

Denmark-based packaging company Faerch Plast A/S has acquired Ely, United Kingdom-based Anson Packaging Ltd., a move the company says “should...    More

Image

Reifenhäuser acquires German spinneret company Enka Tecnica

April 17, 2015 9:31 am ET

Germany-based Reifenhäuser GmbH & Co. KG, a major manufacturer of extrusion equipment, has announced that it is acquiring Enka Tecnica GmbH, a German ...    More

Image

Spain's Grupo Antolin to buy Magna's interiors business

April 16, 2015 12:33 pm ET

Spain's Grupo Antolin has reached an agreement to purchase Canadian auto supply giant Magna International Inc.'s interiors unit in a deal valued at...    More

Image

Madison buys Ferry Industries

April 16, 2015 5:22 pm ET

Ferry Industries, the largest manufacturer of rotational molding machinery, was purchased by Madison Industries, a Chicago holding company that is the...    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