Taiwan medical molder SHL expands

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: June 4, 2013 12:31 pm ET
Updated: June 4, 2013 12:36 pm ET

Image By: SHL Group SHL Group makes injection molded auto injectors for the medical market

Related to this story

Topics Medical, Injection Molding
Companies & Associations KraussMaffei AG

Taiwan-based SHL Group, which says it's the world's largest privately owned maker of advanced drug delivery systems, is adding injection molding capacity as part of a US$40 million investment this year at its Taiwanese factories.

That includes an order of at least 10 KraussMaffei injection molding machines at the recent Chinaplas show, according to a joint June 3 statement from SHL and Munich, Germany-based press manufacturer KraussMaffei Group.

SHL, which is headquartered in Taoyuan, Taiwan, said its larger $40 million investment is driven by rapid growth in the biologic injectable market and by device manufacturers who are under pressure to broaden their range of services.

SHL executives could not be reached for comment but the company said in a February statement it would invest this year "primarily in molding, material handling, assembly and automation capabilities" at several of its Taiwan facilities. It said it was a significant expansion of its manufacturing.

"Our auto injector business is one of the key drivers to this expansion of production capacity," said CEO Roger Samuelsson. "Our customers are bringing more biologics to market and SHL is going to ensure that we meet their needs."

It's not clear if the $40 million investment planned this year includes other injection molding machines.

On its website, the company said it has more than 100 molding machines from Krauss Maffei, Engel and Netstal, ranging from 40-420 tons clamping force. KM said in its release the SHL has more than 130 KraussMaffei CX machines.

SHL also manufactures pen injectors, infusers and inhaler systems for global pharmaceutical and biotech companies, and a range of other medical products. It employs 2,200 globally, and said it plans to add several hundred staff in Taiwan this year.

It has additional factories in Guangdong province, in mainland China, and in Florida, with design centers in the United States and Sweden.

In 2008, SHL said it committed to the Taiwanese government to invest $100 million at its factories there.

"We kept our promise and even completed that investment early," Samuelsson said. "Now we will spend another $40 million for 2013."

KraussMaffei said SHL bought equipment from its booth at Chinaplas show that was manufacturing products with "high-quality surfaces" in one shot from a combination of injection molding and reaction process machinery on one of its CX 200-750 series models.

It said SHL bought the exhibit and 10 more CX machines for its Taiwan plants. Chinaplas was held in Guangzhou from May 20-23.


Comments

Taiwan medical molder SHL expands

By Steve Toloken
Staff Reporter / Asia Bureau Chief

Published: June 4, 2013 12:31 pm ET
Updated: June 4, 2013 12:36 pm ET

Post Your Comments


Back to story


More stories

Image

German injection molders Metz-Werke and Inotech to collaborate

August 21, 2014 11:47 am ET

German injection molding companies Metz-Werke GmbH & Co. KG and Inotech Kunststofftechnik GmbH have announced that they have joined forces to bring...    More

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

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

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

Image

Germany's Bolta building $50 million plating plant in Alabama

August 19, 2014 2:21 pm ET

A German company is setting up a plastics chrome plating plant in Tuscaloosa, Ala.    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