Die makers strike deal

By Rhoda Miel
News Editor

Published: October 21, 2013 11:17 am ET
Updated: October 21, 2013 11:19 am ET

Related to this story

Topics Molds/Tooling, K 2013, Business News & Features

DÜSSELDORF, GERMANY — U.S.-based extrusion die maker Cloeren Inc. (Hall 2/G24) and Austrian die maker EMO Extrusion Molding GmbH (Hall 2/G9) are joining forces across regional lines to help each other compete.

Under the terms of the companies’ definitive agreement for technical services, EMO will provide extrusion die refurbishment and repurpose services for Cloeren dies in Europe, while Cloeren will do the same for EMO dies in the United States.

Each company will maintain its intellectual properties, but the agreement will allow each to extend its global footprint to new markets.

“Cloeren and EMO are both known for their expertise and high quality standards,” said Juergen Hauser, CEO of EMO in a news release. “Our customers will clearly benefit from this cooperation by providing seamless service throughout Europe and the Americas. The partnership will allow both companies to improve customer service with reduced response and turnaround time.”

The agreement will be seamless and transparent to the customers, said Cloeren CEO Peter Cloeren.

Cloeren does about 30 percent of its business in Europe now, but previously lacked capability for die refurbishment in the region.

Cloeren is based in Orange, Texas, with facilities in Texas and Wisconsin. EMO is part of Haidlmair GmbH and based in Micheldorf, Austria.


Comments

Die makers strike deal

By Rhoda Miel
News Editor

Published: October 21, 2013 11:17 am ET
Updated: October 21, 2013 11:19 am ET

Post Your Comments


Back to story


More stories

Image

Austrian mold maker seeking North American manufacturing partner

July 25, 2014 1:49 pm ET

An Austrian mold maker is looking for a manufacturing location in North America.    More

Image

Tooling Technology has new private equity owner

July 25, 2014 11:55 am ET

New York private equity firm GenNx360 Capital Partners has partnered with management to buy Tooling Technology Holdings LLC, a diversified Ohio-based ...    More

Image

Wisconsin mold maker doubling facility size

July 16, 2014 2:05 pm ET

A Germantown, Wis. toolmaker is planning to more than double the size of its facility.    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

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

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

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