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 Automotive, Mergers & Acquisitions, Injection Molding

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

Lund adds to aftermarket auto products portfolio with buy of Bushwacker

January 29, 2015 2:49 pm ET

Lund International Inc. has expanded its portfolio of plastic aftermarket vehicle accessories by acquiring Bushwacker Inc.    More

Image

Chemtrusion, Mytex Indiana compounding plant set for expansion

January 29, 2015 1:35 pm ET

Japanese and American partners in a compounding plant in Indiana plan to expand the facility.    More

Image

Falcon Plastics expands in South Dakota

January 29, 2015 11:45 am ET

Falcon Plastics Inc. is putting the final touches on a 60,000 square foot addition that will nearly double the size of its Brookings, S.D.,...    More

Image

Plastics News Now: Losing weight with style, plastics in the Dragons' Den

January 29, 2015 6:00 am ET

A 19-year-old entrepreneur brings business to a U.K. injection molder after winning support on TV's Dragons' Den, auto suppliers combine...    More

Image

African equity fund invests in Kenya's General Plastics

January 28, 2015 4:24 pm ET

An African investment fund specializing in agriculture has invested in Kenyan packaging firm General Plastics Ltd. to provide funds to expand in the r...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

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 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

Upcoming Plastics News Events

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

More Events