TOKYO (Dec. 4, 12:55 p.m. ET) — Teijin Ltd. said Dec. 4 it has started up a previously announced pilot plant to mass produce carbon-fiber reinforced thermoplastic parts in less than minute, and will initially target the automotive market.
In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.
Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.