Jiangsu Victor Machinery Co. Ltd. has consolidated its operations into a new factory based in Zhangjiagang, China, as the firm positions itself for future expansion.
The Zhangjiagang-based blow molding equipment supplier opened a 839,600-square-foot plant in August, replacing a headquarters building and consolidating a string of seven smaller facilities.
The move will help improve company operations and prepare it for growth, according to Bill Zhu, a member of Jiangsu Victor's foreign trade department.
``Bringing everyone together has improved our communication and operations,'' Zhu said. ``It gives everyone a better feeling to be closer together.''
The consolidated factory employs more than 500, including 180 technicians, to produce the injection blow molding machines that are the firm's specialty.
Under the old system, expansion was not an option for the company, despite growth of 15 percent during the past year, said Zhu, who spoke at the Asian-Pacific International Plastics and Rubber Industry Exhibition, in Shanghai.
Jiangsu Victor exports 60 percent of its machinery, Zhu said. Destinations include Russia, Australia, Japan and Nigeria.
In the past few years, however, India has become the main market for the company's products, which also include extrusion lines, he said.
``The Victor brand is becoming more and more famous there,'' Zhu said.