After opening a new plant at the start of last year, Hangzhou Zhongya Machinery Co. Ltd. is looking for a site for another production facility.
Growing business in China, as well as an increasing focus on exports, is driving the need for expansion, said Yan Yong, account manager for the Hangzhou-based firm's international business department.
Yong said the firm has grown 15 percent in the past year. Yong did not provide sales figures.
Hangzhou Zhongya already exports to Russia, Southeast Asia and the Middle East, and the company continuously is expanding its scope, Yong said during an interview at APPLAS, the Asian-Pacific International Plastics and Rubber Industry Exhibition, held Nov. 29 to Dec. 3 in Shanghai.
The injection blow molding machinery maker specializes in equipment for the dairy industry, but its machines also are used in the beverage, cosmetics and pharmaceutical industries.
Hangzhou Zhongya is looking at a number of locations for a new facility, including spots in Shanghai and Ningbo, Yong said.
Hangzhou Zhongya operates its own research and development team and holds the intellectual property rights to all of its designs.
The company moved into a new, 710,400-square-foot facility in Hangzhou in January 2007, where it employs around 600. That factory turns out about 1,000 machines a year but the firm is looking to increase that throughput in the near future, Yong said.
Another facility will help Hangzhou Zhongya boost capacity, though specific goals have not been set.
Mirroring the firm's geographical growth, Hangzhou Zhongya plans to double its workforce during the next three years, according to Yong.
``The China market is growing so quickly and we are trying to keep up,'' Yong said. ``By 2010 we plan to have around 1,200 employees.''