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

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

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...    More

Image

Plastics help Volt hit new target

January 28, 2015 1:54 pm ET

The 2016 Volt, unveiled at the North American International Auto Show in Detroit in January, features a sportier exterior design — GM calls it &...    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