MOUNT GILEAD, OHIO - HPM Corp. will begin making Klockner-Windsor hydraulic and hydromechanical injection molding machines at its Mount Gilead plant, under an agreement with Klockner Desma GmbH of Fridingen, Germany. The five-year agreement, with an option for HPM to renew for three additional years, will result in the return of the Klockner name to plastics injection molding machines. The German company had been making only rubber presses since 1993, when it sold the Klockner Ferromatik injection press business in Malterdingen, Germany, to Cincinnati Milacron Inc.
HPM is the second-largest U.S.-owned injection press maker, behind Milacron.
William Flickinger, HPM president and chief executive officer, said that under the agreement, HPM expects to manufacture about 5-10 HPM-Windsor machines each year, with clamping forces ranging from 600-6,000 tons, for sale to North America. HPM has the exclusive right to make, sell and service those ma-chines in North and South America. The deal also includes non - exclusive rights for Europe.
Flickinger did not have a projection of unit demand for HPM-Windsor machines in South America or Europe.
The agreement also calls for HPM to manufacture Windsor ``P'' machines, with clamping forces of 300-500 tons, for Klockner. Those presses will be marketed by KFD Sales and Service Inc., which is located in Erlanger, Ky.