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
Companies & Associations

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

Haitian builds system for Renault's new China auto assembly plant

April 24, 2015 11:10 am ET

A late-comer to the world's largest auto market, French carmaker Renault SA is currently building its first factory in China.    More

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

Jeco adds Ferry rotational molder to handle increase in business

April 23, 2015 12:27 pm ET

Jeco Plastics Products LLC is ramping up for more work, adding a new Ferry 2600 rotational molder that will provide more capabilities.    More

Image

Engel, VW working on joint research into high volume composites in auto

April 23, 2015 9:40 am ET

Engel, the Austria-based manufacturer of injection molding machines, is building one of its largest machines for a research center looking into...    More

Image

Federal-Mogul building auto wiper blade plant in Romania

April 22, 2015 12:28 pm ET

U.S. car parts maker Federal-Mogul Holdings Corp. has unveiled plans to establish a new production facility in Ploiesti, Romania, reports local news m...    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