Grammer mulls new auto plant in NAFTA region

Charlotte Eyre

Published: January 16, 2013 9:55 pm ET

Related to this story

Topics Automotive, Injection Molding

AMBERG, GERMANY (Jan. 16, 2:25 p.m. ET) — German injection molder Grammer AG plans to increase its presence in the NAFTA automotive market by investing in a new production plant.

The company has not yet decided where the plant will be located as it is “evaluating different options”, spokesman Ralf Hoppe told European Plastics News.

“The plant will either be in the U.S. or Mexico, where we already have two plants,” he said. “We are at the moment looking at different options in terms of the value chain.”

Amberg-based Grammer says its automotive business is strong in the NAFTA region, accounting for 20 percent of total sales, partly because of the popularity of German premium automotive brands such as Audi.

The firm already has a sales office in Michigan, as well as plants in Mexico.

In November Grammer said sales increased by 6 percent from 810 million euros in the first three quarters of 2011 to 859 million euros in the same period of 2012. In the third quarter, group sales rose from 273 million euros in 2011 to 285 million euros in 2012. This was “despite an ongoing cool-down in core markets,” Grammer said.


Comments

Grammer mulls new auto plant in NAFTA region

Charlotte Eyre

Published: January 16, 2013 9:55 pm ET

Post Your Comments


Back to story


More stories

Image

Nolato Contour beefs up white room molding capabilities

September 18, 2014 11:56 am ET

Nolato Medical has extended its controlled environment options to include a white room at its Baldwin, Wis., Nolato Contour plant.    More

Badger buys competitor Joseph Homa

September 17, 2014 4:04 pm ET

Badger Plug Co. has extended its protective plugs customer base by acquiring and closing a rival, Joseph Homa Consultants Inc. of Montreal.    More

Image

Cascade Engineering founder Keller to step down as CEO

September 16, 2014 8:33 pm ET

Cascade Engineering Inc. is undergoing a transition as President Mark Miller will also add the role of CEO, replacing founder Fred Keller, who has...    More

Image

Canadian, Mexican injection molders form auto supply joint venture

September 16, 2014 2:26 pm ET

A new automotive parts manufacturer will open in Querétaro, Mexico, through a joint venture between Canadian automotive supplier Papp Plastics and...    More

Image

Increased capacity in the US helps Zeon Chemical supply seals globally

September 16, 2014 9:46 am ET

The automotive industry continues to be one of the driving forces of Zeon Chemicals LP., which specializes in heat-resistant and oil-resistant elastom...    More

Market Reports

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

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

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

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

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

More Events