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

How CEO Santi is changing ITW

April 23, 2014 2:48 pm ET

Scott Santi is showing he can do more than just cut costs at Illinois Tool Works Inc.    More

Some medical devices could get faster approval with new FDA rules

April 22, 2014 7:41 pm ET

The U.S. Food and Drug Administration is proposing an expedited approval for medical devices for devices aimed at the diagnosis or treatment of...    More

Image

Two Ohio groups team up to accelerate development of future medical devices

April 22, 2014 9:55 am ET

The Austen BioInnovation Institute in Akron and Cleveland-based design specialists Nottingham Spirk announced a strategic partnership that the two...    More

Image

German electronics firm expanding in Hungary

April 22, 2014 9:46 am ET

German electronics manufacturer Provertha GmbH has announced plans to set up a new plastic galvanizing plant at the Kapuvár Industrial Park, in...    More

Image

Cambro investing $30.4 million in new N.C. injection molding plant

April 18, 2014 2:36 pm ET

Foodservice products manufacturer Cambro Manufacturing Co. Inc. plans to set up a satellite production and distribution operation in Mebane, N.C., to ...    More

Market Reports

Market Data Book - Rankings & Lists

A one-stop download of Plastic News' exclusive annual lists and processor rankings containing essential data including sales, employees, end markets, materials and more.
EXCLUSIVE EXCEL FEATURE: full mailing address details for available plant locations.

Learn more

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

Mold Making and Tooling Review and Outlook 2014 – North America

This report provides in-depth analysis of the mold and toolmaking market for North America, including discussions of trends, opportunities, threats, the latest developments in production and labor and equipment trends impacting moldmakers.

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