Concours adding equipment as mold making business booms in Mexico

By Stephen Downer
Correspondent

Published: August 28, 2014 2:05 pm ET
Updated: August 28, 2014 2:09 pm ET

Image By: Stephen Downer Dennis Goggin, left, and Leonardo Picazo at Concours Mold Inc.'s growing shop in Mexico.

Related to this story

Topics Mexico, Automotive, Injection molds, Molds/Tooling

MEXICO CITY — Concours Mold Inc. is heading for a 50 percent increase in sales in Mexico this year after a $4 million upgrade of its plant in Huejotzingo, in the state of Puebla.

“We’re projecting sales of $12 million this year, compared with $8 million last year,” Leonardo Picazo, assistant general manager of subsidiary Concours Mold Mexicana SA de CV, told Plastics News August 25.

The third largest mold maker in North America in 2013, according to Plastics News’ ranking, with estimated annual sales of $80 million, Concours Mold completed the Huejotzingo plant expansion several months ago.

According to Picazo, 75 percent of the $4 million spent on improving the facility was invested in new machinery and 25 percent on almost doubling the plant’s floor space to 31,000 square feet.

New equipment and services added include an injection mold tryout press, a gun drilling machine, heat treatment capabilities, a sandblast room, a fully enclosed clean room for high polish tools and steel inventory located in house and the capability of saw cutting large blocks.

“We’re planning to bring in a 1,500-ton injection molding press [from Milacron LLC] towards the end of the year,” Picazo said, adding that two additional Makino machining units are slated to arrive in September and October. The plant already has a Makino F5 vertical high-speed machining center in operation.

The Huejotzingo facility, which also includes four overhead cranes, with a 20-50-ton capacity, and three jib cranes, is located in an industrial park immediately opposite Puebla’s international airport. It was opened four years ago.

“It was born as an engineering changes and repair shop,” said Picazo, who spent 17 years with auto supplier Magna International Inc before joining Concours this year. “The owner [Mark Goggin] saw the potential growth in Mexico. In the past year or so our business plan has been for 50 percent of our revenue to come from new builds and 50 percent from engineering changes and repairs.”

He said the Huejotzingo facility can build up to 100 new builds per year. It employs 70, including 50 shop floor technicians and General Manager Dennis Goggin, who is Mark Goggin’s son. The plant runs two eight-hour shifts, Monday through Saturday. Ninety percent of the plant’s work is for the automotive industry. Its customers include Magna International Inc. and Faurecia SA.

Concours has 40 design engineers located in its Lakeshore, Ontario, headquarters, where most of the corporation’s mold design is carried out. Asked whether the company has plans to design molds in Mexico, Picazo replied:

“We’re working towards doing design here in Huejotzingo. We have one engineer designer [Mario Maqueda] and we’re in the process of hiring a second.”

He said that “finding the right talent is difficult and so with our four years of experience in the country we have a significant head start on the competition.”


Comments

Concours adding equipment as mold making business booms in Mexico

By Stephen Downer
Correspondent

Published: August 28, 2014 2:05 pm ET
Updated: August 28, 2014 2:09 pm ET

Post Your Comments


Back to story


More stories

Image

Sabic: Rapid demand growth led to Ultem shortage

December 18, 2014 12:06 pm ET

Sabic Innovative Plastics has been increasing production capacity for its Ultem polyetherimide but it still got caught short by increasing demand for ...    More

Auto supplier M-Tek relocating headquarters

December 18, 2014 3:37 pm ET

M-Tek Inc., a subsidiary of Japanese automotive supplier Kasai Kogyo Co. Ltd., will build a new North American corporate headquarters in Murfreesboro,...    More

Image

Indian auto parts maker set to buy assets in Germany, Mexico

December 18, 2014 10:35 am ET

Indian auto parts maker Samvardhana Motherson Gropup is buying the assets of insolvent German plastics car parts producer Scherer & Trier (S&T).    More

Image

Quick-Start manifolds designed to complement Rheo-Pro hot runners.

December 17, 2014 6:00 am ET

MHS Mold Hotrunner Solutions of Georgetown, Ontario, has introduced the pre-engineered Quick-Start line of hot runner manifolds, designed to...    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

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 in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

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

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