DÜSSELDORF, GERMANY (Nov. 16, 5:50 p.m. EST) — Ningbo Aoli Machinery Co. Ltd., a Chinese manufacturer of blow and injection molding machines, expanded manufacturing space at its Ningbo plant by about 7,000 square feet.
Sales manager Yanfei Jin said the company began operating in the 21,500-square-foot building in October.
The Ningbo-based firm makes injection presses for preforms and stretch blow molding lines for PET and polypropylene bottles from 1½ ounces to 5.2 gallons.
Aoli plans to introduce a new model of high-speed preform press in the range of 360-500 metric tons in about three months, Jin said at K 2007, held Oct. 24-31 in Dusseldorf.
“The new machine will cut our current cycle time by half,” she said.
The privately held company employs 60 total at factories in Ningbo and Taizhou, China. It sells 70-80 machines per year.
“About 98 percent of sales are from exports,” Jin said.
She declined to disclose sales, but said they are growing at more than 40 percent annually.