Ikegami opening another Mexico toolroom

By Stephen Downer
Correspondent

Published: November 6, 2013 4:41 pm ET
Updated: November 6, 2013 4:43 pm ET

Related to this story

Topics Automotive, Molds/Tooling, Mexico

IRAPUATO, MEXICO — Ikegami Mold de México, a subsidiary of Japan’s Ikegami Mold Engineering Co. Ltd., is investing $1 million in its third tool shop in Mexico.

The new plant in Irapuato, 200 miles northwest of Mexico City, will primarily serve the automotive industry.

“It’s in the Bajio region, where the automotive industry is very hot now,” Josh Koga, the Mexican company’s managing director, said in a recent interview.

The new operation will start in late October. It has 16,146 square feet of floor space, double that of Ikegami’s Monterrey shop, which opened in 2010. It also has a crane able to support 30-ton loads, a machining center, electrical discharge machining and laser welding, among other services.

“In addition, we will have a texture capability under the roof, thanks to an affiliation with Tanazawa Hakkosha Co. Ltd., which is one of the largest texture suppliers in Japan,” Koga said. Ikegami opened its first shop in Mexico, in Tijuana, in 1998.

The new plant will have four workers who transferred from Monterrey, Mexico, and two locally hired clerical workers. Koga plans to hire five additional mold specialists in early 2014.

Asked how difficult it had been to find qualified staff for the new facility, Koga replied: “Extremely difficult, if not impossible. We transferred staff from Monterrey.”


Comments

Ikegami opening another Mexico toolroom

By Stephen Downer
Correspondent

Published: November 6, 2013 4:41 pm ET
Updated: November 6, 2013 4:43 pm ET

Post Your Comments


Back to story


More stories

Image

Milacron commits $30 million to investment in India

August 20, 2014 5:42 pm ET

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

Image

Automakers look under the hood for the next lightweighting opportunities

August 20, 2014 1:06 pm ET

The automotive industry's current favorite target for lightweighting efforts is the powertrain, according to a recent survey.    More

Image

Cooper-Standard JV to focus on Asia

August 20, 2014 10:17 am ET

Cooper Standard Automotive Inc. is forming Cooper Standard Inoac Pte. Ltd. — a joint venture with Inoac Corp. of Japan — to expand the...    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