Mexican rep Maximo to sell Yizumi injection presses

By Stephen Downer
Correspondent

Published: March 27, 2013 3:13 pm ET
Updated: March 27, 2013 3:17 pm ET

Image By: Plastics News Guillermo Salas

Related to this story

Topics Machinery, Mexico, Latin America, China

MEXICO CITY — Guangdong Yizumi Precision Machinery Co Ltd has authorized Industrias Plásticas Maximo SA de CV, of Cuautitlán Izcalli, to sell Yizumi-brand presses in the region running from Mexico to the top of South America.

The deal with Yizumi of Foshan City, China, was sealed in March, Maximo owner and Managing Director Guillermo Salas said in a March 26 email.

Two years ago Yizumi purchased all the intellectual property of HPM Corp., a prominent injection molding machine manufacturer in Mount Gilead, Ohio.

Maximo's deal with Yizumi does not include HPM-brand presses. Yizumi's HPM North America Corp. unit also is permitted to sell HPM presses in Mexico, either through Maximo or independently, Salas said, and HPM is free to sell HPM and Yizumi machines in Central and South America.

Yizumi manufactures 400 injection molding presses a month, ranging in clamping force from 50-3,000 tons, according to Salas.

Maximo already represents Asian blow molding machinery manufacturers Akei Holdings Co. Ltd. of Hong Kong and Parker Plastic Machinery Co. Ltd, of Taiwan, plus injection press manufacturers Jon Wai Machinery Works Co. Ltd. of Taiwan and Tat Ming Technology Co. Ltd. of Dongguan, China.

In 2012 Maximo had sales of $4 million, 14 percent above its 2011 sales. Of that total business, 75 percent came from sales of blow molding machinery, particularly extrusion blow molding machines, Salas said at the Plastimagen México trade show in mid March.

"Competition in Mexico is hard because it's a market-based on price," he said. "If you have the cheapest machine, you have the biggest share of the market. People are not looking for quality but price."

He believes the plastics industry in Mexico will grow rapidly over the next six or seven years, primarily because of the booming automotive, packaging and aeronautics sectors.

Salas is a former president of the Mexican plastics industry association, Anipac (Asociación Nacional de Industrias del Plástico AC).


Comments

Mexican rep Maximo to sell Yizumi injection presses

By Stephen Downer
Correspondent

Published: March 27, 2013 3:13 pm ET
Updated: March 27, 2013 3:17 pm ET

Post Your Comments


Back to story


More stories

Image

Bayer launches PC sheet production in Guangzhou, China

December 17, 2014 6:00 am ET

Bayer MaterialScience (BMS) has started its new polycarbonate sheet production plant at its Guangzhou, China, site.    More

Image

Shipping slowdowns add to season's stress

December 16, 2014 4:02 pm ET

Toy companies know what they want for Christmas: an end to crippling shipping delays at West Coast ports.    More

Image

Ecolean expanding flexible packaging production in China

December 16, 2014 3:07 pm ET

Flexible packaging maker Ecolean AB is opening a new factory and warehouse in China to increase production.    More

Mold maker I. Thibault plans to invest more capital in Mexico

December 16, 2014 1:03 pm ET

Canadian mold maker I. Thibault Inc. plans to invest more capital in its wholly owned Mexican subsidiary, which it started operating in the summer.    More

Image

Milacron opening Mexico technical center, considers another in Brazil

December 16, 2014 12:58 pm ET

Milacron LLC plans to officially open a new technical center in Querétaro, 140 miles northwest of Mexico City, early in 2015, and the company is consi...    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events