Four-year-old injection press maker Guangdong Yizumi Seiki Machinery Co. Ltd. is adding capacity at a campus in Shunde, China, and also a new location in Suzhou.
The company started the second phase of construction on the Shunde campus in October. Two new buildings will be completed by July, adding 215,000 square feet of manufacturing space.
``The expansion will enable the Shunde factory to double capacity,'' said marketing specialist Hanwei Wu at APPLAS, held Nov. 29 to Dec. 2. He said the company plans to start building a factory on the recently secured Suzhou campus, which features 18 acres of land.
``The Suzhou location is strategic to us,'' Wu said, because it will give the company a foothold in the Yangtze River delta. ``But we will carefully examine the regional market and competition and set up production in different phases.''
Privately held Yizumi is the sole subsidiary of Hong Kong Yizumi International Holding Co. Ltd.
Yuzimi is a Japanese word that means spring water.
The company currently employs 300 and offers injection presses with clamping forces of 140-2,000 metric tons. The machines are equipped with Japanese and German pump systems, Wu said.
Injection presses, which yielded 100 million yuan ($13.5 million) in sales in the first half of 2007, represent about half of Yizumi's business.
The remainder comes from metal die-casting presses, a product line that the company launched in 2005.
The company's sales are up 30 percent from a year ago, Wu said. Exports, mainly to customers in Southeast Asia, account for about 20 percent of the company's total sales, he said.
At the Shanghai show, Yizumi touted three high-speed bottle-cap presses, which ran with a five-second cycle time and fit molds with 24, 32 and 48 cavities. The presses were equipped with U.S.-made Barber-Colman controllers.
Wu said the company made 700,000 yuan ($94,750) in equipment sales the first two days of the show.
The company claims to be taking the lead in drafting industry standards for high-precision injection machines in Guangdong province.
``We are authorized by the Guangdong Administration of Quality & Technology Supervision,'' he said.