CHICAGO — HPM Corp.'s sales into a certain segment of the injection molding industry have been paling in comparison to its competitors lately.
That's why the Mount Gilead, Ohio, machine maker is introducing a new line aimed specifically at the pail market.
``HPM had been very active in the pail industry, but we have lost market share to our competitors,'' Stephen Byrnes, vice president and general manager of HPM's injection molding division, said at Plastics USA at McCormick Place in Chicago.
HPM's answer is the 600-ton, Next Wave Hydromechanical Pail Master Series III, introduced at Plastics USA. A sister machine also will be on display at the K'98 show in Dusseldorf, Germany, Byrnes said.
The two-platen machine's electric screw drive ``optimizes the cycle without having to worry about oil flow'' as in hydraulic machines, Byrne said.
With electric drive the screw can keep turning throughout the cycle, preparing the next shot while the large parts cool in the mold.
HPM (Booth 1007) historically has had about 240 machines in the pail segment, and many of those may be ready for replacement Byrnes said.
Also new at the show is a 60-ton, Access tie-barless press, designed for the precision molding of small parts, and a 125-ton Universal Toggle press.
All the machines at HPM's booth are tied into a plantwide Barber-Colman interface.
``We can demonstrate what a customer would see internally within his plant'' with such a system, Byrnes said.