Wittmann cites strong growth in Mexico

By Stephen Downer
Correspondent

Published: March 15, 2013 2:00 pm ET
Updated: March 15, 2013 2:05 pm ET

Image By: Stephen Downer Rodrigo Muñoz Barrera

Related to this story

Topics Injection Molding, Machinery, Mexico, Plastimagen
Companies & Associations Wittmann Battenfeld GmbH

MEXICO CITY – Wittmann Battenfeld GmbH of Kottingbrunn, Austria, has described its business growth in Mexico as "amazing" after almost doubling sales of its injection molding machinery and auxiliary equipment in 2012.

"It was an amazing year. Our sales totaled $15 million, which was 87 percent up on 2011," Rodrigo Muñoz Barrera, general manager of Wittmann Battenfeld México SA de CV, told Plastics News at the Plastimagen México trade show in Mexico City.

Muñoz said injection molding presses accounted for about 30 percent of the business, with the remainder coming from sales of robots and auxiliaries.

Based in Querétaro, a two-hour drive from Mexico City, the Mexican subsidiary expects to increase its sales to $18 million this year, Muñoz said. In January it did $2.4 million worth of business, with injection molding machinery accounting for half.

"January and February were great months for us," said Muñoz. "In fact, January was the best month in the history of the company in Mexico. I believe this will be the trend for the next six or seven years, especially because of the investment taking place in the Mexican automotive industry."

"I don't see any problems on the horizon. Mexico has a new president [Enrique Peña Nieto] who's very pro-business," he added.

The largest press sold by Wittmann Battenfeld in Mexico in 2012 was a machine with a clamping force of 1,000 tons, purchased by a company in the western city of Guadalajara which supplies the electronics and automotive industries, including German lighting and electronics systems specialist Hella KGaA Hueck & Co.

Wittmann Battenfeld's injection molding presses have a clamping force range of 5 tons up to 1,600 tons.

Asked about trends in the Mexican market, Muñoz said electric and hybrid machines are becoming popular in Mexico. The company sold the only Ecopower 240 electric press it was displaying at Plastimagen to a company in Guadalajara which supplies the medical industry.

The largest hybrid press the company makes has a clamping force of 300 tons.


Comments

Wittmann cites strong growth in Mexico

By Stephen Downer
Correspondent

Published: March 15, 2013 2:00 pm ET
Updated: March 15, 2013 2:05 pm ET

Post Your Comments


Back to story


More stories

Image

Delphi buying connector maker Antaya

September 22, 2014 2:25 pm ET

Delphi Automotive plc will buy Antaya Technologies Corp., a Rhode Island company that supplies wire harnesses and other technologies that connect...    More

Image

Material Insights: Spinoffs, expansions for Bayer, DuPont, others

September 22, 2014 2:01 pm ET

DuPont is pressured to do something similar, and several companies announce expansions.    More

Image

New medical firm buys Clairson Plastics

September 19, 2014 4:33 pm ET

Custom injection molder Clairson Plastics is being sold to a new start-up that plans to dive into the medical market with a new dialyzer, a key...    More

Image

Dunkin' Donuts looking at PP to replace foam cups

September 19, 2014 3:22 pm ET

Dunkin' Donuts is testing a new polypropylene coffee cup that the company believes could help boost recycling.    More

Image

Hong Kong's TK eyes expansion, may buy Nypro Tool operation

September 19, 2014 2:49 pm ET

Hong Kong-based mold maker and plastics processor TK Group (Holdings) Ltd. said it's reached a tentative agreement to buy a tooling factory in Shenzhe...    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