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

Enor expanding in S.C., moving toy production to U.S. from China

August 20, 2014 4:01 pm ET

Wal-Mart Stores Inc. has convinced toy producer Enor Corp. to expand U.S. production at the expense of sourcing from China.    More

Image

Milacron commits $30 million to investment in India

August 20, 2014 5:42 pm ET

MUMBAI — Cincinnati-based Milacron LLC plans to invest $30 million over the next three years in India. The investments will double capacity at...    More

Image

Venture Plastics adds 720-ton press

August 20, 2014 2:03 pm ET

Venture Plastics Inc. expanded its El Paso, Texas, custom molding facility in early summer to grow sales.    More

Image

Tree Armor: The buck stops here

August 20, 2014 12:17 pm ET

Pennsylvania farmer Jim Saunders pitched his idea for a vinyl wrap to protect tree trunks from deer to U.S. processors in five states but no one...    More

Image

Ohio molder sold to private equity firm

August 19, 2014 5:23 pm ET

Private equity firm TVV Capital of Nashville has acquired injection molder Design Molded Plastics Inc. for an undisclosed price.    More

Market Reports

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

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

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

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

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

More Events