Concours Mold investing $5.5 million to expand in Mexico

By Stephen Downer
Correspondent

Published: March 13, 2013 4:49 pm ET
Updated: March 13, 2013 4:53 pm ET

Image By: Plastics News photo by Stephen Downer Tom Drake and Mario Maqueda of Concours Mold

Related to this story

Topics Automotive, Molds/Tooling, Mexico, Injection molds

MEXICO CITY – Concours Mold Inc. is investing $5.5 million to almost double the size of its manufacturing facility in southeastern Mexico.

"We're planning to break ground this month or the beginning of April and it [the extension] should be operational by September," Tom Drake, Concours Mold's director of business development, told Plastics News at the Plastimagen trade show on March 12 in Mexico City.

The Lakeshore, Ontario, company, which also has a large facility in Cullman, Ala., opened the 20,000 square foot plant in Huejotzingo, in the state of Puebla, in July 2010. It will add 15,000 square feet of space by the end of the year.

Concours Mold was the second largest mold maker in North America in 2012, according to Plastics News' ranking, with annual sales of $75 million. Drake said the Huejotzingo plant posted 2012 sales of about $5 million.

"This year we're looking to do 100 million pesos ($8.1 million) in Mexico," he said. The plant employs about 50 and primarily serves the rapidly expanding Mexican automotive industry.

"The Mexican market is booming and we're finding new customers all the time," he explained, adding that he expects business in the country to continue to grow "for a long time."

The expansion will include new equipment from Makino Inc., OKK USA Corp. and Kuraki Co. Ltd.

Drake said Concours is the largest tool shop in Mexico, and is helping to fill a skills gap that has many within the Mexican plastics industry worried.

At a conference last fall, Sergio Beutelspacher Sandoval, a Mexican machinery executive, complained that his company's main problem was the lack of qualified staff. "The whole culture of toolmaking and other trades is being lost," he said.

Drake said Concours employs 12 mold makers in Mexico, one of whom was among five Concours staff members transferred from Lakeshore to Mexico. "It's been a challenge to find young people in Mexico and training them," he said.

Training takes place in Mexico and Canada.

One young Mexican making a career with the company is Mario Maqueda, a junior designer in his twenties. "I'm an engineer and started as a program manager," he said in good English. "I've spent a total of two and a half months in Canada training there."


Comments

Concours Mold investing $5.5 million to expand in Mexico

By Stephen Downer
Correspondent

Published: March 13, 2013 4:49 pm ET
Updated: March 13, 2013 4:53 pm ET

Post Your Comments


Back to story


More stories

Image

HRS adding more North American production for hot runners

April 22, 2014 12:57 pm ET

An Italian tooling component supplier is set to open a new production plant in Grand Rapids, Mich. The HRS Flow Division of San Polo di Piace-...    More

Auto supplier adds production space, jobs at plant in central Hungary

April 22, 2014 9:50 am ET

Automotive parts manufacturer Ábrahám Kft. has expanded its factory in Túrkéve, in central Hungary, with the launch of a new production hall as part...    More

Image

Ascend targets nylon for auto applications, opening propylene monomer unit in Texas

April 18, 2014 10:57 am ET

Materials firm Ascend Performance Materials Inc. is in full operation at its new nylon 6/6 compounding line in Florida and will break ground by the...    More

Image

German auto supplier Dr. Schneider opens second US plant

April 17, 2014 12:57 pm ET

Dr. Schneider Kunststoffwerke GmbH, a German supplier of plastic interior auto parts, has opened a $29 million manufacturing plant in Russell Springs,...    More

Huntingdon Fiberglass launching second line

April 16, 2014 2:18 pm ET

Huntingdon Fiberglass Products LLC is getting set to start up a second production line later this year and hire 15-20 new employees as it sees demand ...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 – The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events