SAO PAULO, BRAZIL — Maicopresse SpA of Borgosatollo, Italy, is spending $1.5 million over two years to open a facility in Brazil to assemble injection presses.
The company leased a 26,500-square-foot industrial site in Curitiba, where it will start assembling injection molding machines with clamping forces of up to 400 tons in the next few months.
The investment to date has totaled $400,000.
Maicopresse's product line includes presses with clamping forces of up to 3,500 tons for thermoplastics and engineering plastics, as well as machines to injection mold metal.
The company also has a subsidiary that makes robots: Irobi srl, which is also based in Borgosatollo.
"Our operations will initially focus on supplying the range of machines that is most commonly used here in Brazil," said General Director Sauro Pepa, who is responsible for implementing the Brazilian division. "We will bring in all the parts, make inventories, start up the assembly line and then begin the nationalization process of machinery parts."
In two years, Pepa expects the Maicopresse machines made in Brazil to have about 50 percent locally made content.
The company eventually will add local production of robots.
Maicopresse sells roughly 200 injection molding machines per year, most of them in Europe. Those machines have clamping forces of 500-2,000 tons.
The company reported $33 million in sales last year, of which 80 percent came from the plastics industry.
Maicopresse plans to sell about 80 machines from the Brazil unit during its first year of activities.
The company is setting up a showroom in Sao Paulo and is structuring a sales network with one representative in each state of Brazil, as well as one representative in each country in Latin America.
"Our smaller equipment possesses the same know-how used in larger machines, which results in a 50 percent economy in energy consumption relative to conventional machines," said Maicopresse manager Paulo Spina.
"They also use radiators that run on oil rather than water for cooling the system, waiving the need for the water-treatment stage," Spina said.