Skip to main content
Sister Publication Links
  • Sustainable Plastics
  • Rubber News
Subscribe
  • Sign Up Free
  • Login
  • Subscribe
  • News
    • Processor News
    • Suppliers
    • More News
    • Digital Edition
    • End Markets
    • Special Reports
    • Newsletters
    • Videos
    • Podcasts
    • Injection Molding
    • Blow Molding
    • Film & Sheet
    • Pipe/Profile/Tubing
    • Rotomolding
    • Thermoforming
    • Recycling
    • Machinery
    • Materials
    • Molds/Tooling
    • Product news
    • Design
    • K Show
    • Mergers & Acquisitions
    • Sustainability
    • Public Policy
    • Material Insights Videos
    • Numbers that Matter
    • Automotive
    • Packaging
    • Medical
    • Consumer Products
    • Construction
    • Notable Leaders in Sustainability
    • Processor of the Year
    • Best Places to Work
    • Women Breaking the Mold
    • Rising Stars
    • Diversity
    • Most Interesting Social Media Accounts in Plastics
  • Opinion
    • The Plastics Blog
    • Kickstart
    • One Good Resin
    • Pellets and Politics
    • All Things Data
    • Viewpoint
    • From Pillar to Post
    • Perspective
    • Mailbag
    • Fake Plastic Trees
  • Shop Floor
    • Blending
    • Compounding
    • Drying
    • Injection Molding
    • Purging
    • Robotics
    • Size Reduction
    • Structural Foam
    • Tooling
    • Training
  • Events
    • Plastics News Events
    • Industry Events
    • Injection Molding & Design Expo
    • Livestreams/Webinars
    • Editorial Livestreams
    • Ask the Expert
    • Plastics News Events Library
    • Plastics News Executive Forum
    • Injection Molding & Design Expo
    • Plastics Caps + Closures: A Global Online Event
    • Women Breaking the Mold Networking Forum
    • Bioplastics Live
    • Numbers that Matter Live
    • PFAS Live
    • Plastics in Politics Live
    • PN Live: Mergers and Acquisitions
    • Polymer Points Live
    • Sustainable Plastics Live
    • Plastics Caps & Closures Library
    • Plastics in Healthcare Library
    • Women Breaking the Mold Networking Forum Library
  • Rankings & Data
    • Injection Molders
    • Blow Molders
    • Film Sheet
    • Thermoformers
    • Pipe Profile Tubing
    • Rotomolders
    • Mold/Toolmakers
    • LSR Processors
    • Recyclers
    • Compounders - List
    • Association - List
    • Plastic Lumber - List
    • All
  • Directory
  • Resin Prices
    • Resin Prices Overview
    • Commodity Thermoplastics
    • High Temperature Thermoplastics
    • Engineering Thermoplastics
    • Recycled Plastics
    • Thermosets
    • Europe - Virgin
    • Europe - Recycled
    • Europe - Feedstock
  • Custom
    • Sponsored Content
    • LS Mtron Sponsored Content
    • Conair Sponsored Content
    • KraussMaffei Sponsored Content
    • ENGEL Sponsored Content
    • White Papers
    • Classifieds
    • Place an Ad
    • Sign up for Early Classified
MENU
Breadcrumb
  1. Home
  2. News
March 26, 2015 02:00 AM

Itech South buys 7 Negri Bossi presses

Bill Bregar
Senior Staff Reporter
  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print

    UPDATED — Itech South, part of Injection Technology Corp., bought seven Negri Bossi injection molding presses, equipped with Sytrama robots, at NPE 2015.

    The equipment is part of Itech South's 32,000-square-foot expansion in Westminster, S.C. Itech bought one press with a clamping force of 250 tons, two 550-ton presses, one 1,000-ton machine, two 1,300-ton presses and one 1,500-tonner.

    The order represents a $4 million investment.

    Negri Bossi officials and sales representative Lorraine Trueworthy of QED Inc. in Charlotte, N.C., worked with Itech South President Carl Morris on the specific mix of injection presses.

    The expansion will make room for the seven presses, along with new areas for shipping, tool storage and repair. The molder will add a new entrance road to access the shipping area.

    Itech South will install the presses beginning in July. The last of the new machines is scheduled for delivery in early 2016.

    At Negri Bossi's NPE booth, an upbeat Tony Firth, president of Negri Bossi North America, said attendees opened their wallets at the show.

    “We're selling everything we can make at the moment,” he said.

    “The economy is obviously doing well for everybody, but if things progress the way they're progressing for us now, I can see our growth being something close to 40 percent this year, in the U.S.,” Firth said.

    Italy-based Negri Bossi is coming up on a year of new ownership. In April 2014, Italy's Sacmi Group announced it sold Negri Bossi to private equity firm Ausable Capital Partners LLC and Kingsbury Group, an industrial machinery company in Rush, N.Y., a suburb of Rochester.

    Under the new ownership, Negri Bossi, considered the largest Italian manufacturer of injection presses, is maintaining its manufacturing operations in Cologno and Imola, Italy, and in India.

    Ausable and Kingsbury brought in Craig Ward as the new Negri Bossi CEO in mid-2014. Ward has a background in injection molding machinery, robotics and mold-making.

    “I've been in plastics all my life,” he said at NPE.

    Ward, who holds a polymer degree and an MBA from schools in England, served as technical director of the United Kingdom operations of Italian injection press maker Sandretto. After Cannon Group bought Sandretto in 1997, he worked at Cannon in Turin, Italy, for five years. Then Ward returned to the U.K. to become general manager of Star Automation's branch there. Ward then spend about eight years as director of marketing and sales for a European toolmaker, before he accepted the job at Negri Bossi.

    U.S. manufacturing?

    Firth said that U.S. manufacturing of presses is possible if it makes sense in the future. But not now, with the strong dollar and weak euro, which gives European-made machinery a big cost advantage, he said.

    “That being said, it's the intent for us to bring manufacturing here, if it's economically viable,” Firth said of the United States. Given the currency situation, he said, “There's justification to make that jump right now. But it does open the opportunity to manufacture in the future.” He added that the cost of manufacturing has to be favorable, which is “really a function of currency and local costs.”

    Kingsbury makes extrusion, conveying, coating and converting machinery.

    At NPE, Negri Bossi showed four injection molding machines:

    • A 330-ton Vesta all-electric VE330-1580 molding coat hangers on a four-cavity mold, using gas-assisted technology.

    • A 65-ton Eleos 62-210 press molding a case for sunglasses, with a living hinge. The press has huge tie-bar spacing and a cantilever, two-platen clamping unit, all in a small footprint.

    • A 300-ton Canbio Evolution series, for general purpose molding, on a 300-ton eV 300-2100 running a large cam gear for the bowling equipment business.

    • A 210-ton Canbimat Multi-Material eV 210-850h-320v, with a rotary mold table molding a two-color container.

    RECOMMENDED FOR YOU
    Plastics treaty must avoid climate mistakes, UNEP leader says
    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Plastics News would love to hear from you. Email your letter to Editor at [email protected]

    Most Popular
    1
    An 8,000-ton dream for Milacron, 20/20 Custom Molded Plastics
    2
    Auto suppliers plan for uncertainty amid UAW strike, shift to EVs
    3
    Some resin prices take a hike at the end of summer
    4
    Proposed tax on single-use virgin plastic resurfaces in Congress
    5
    Resin Prices
    SIGN UP FOR OUR FREE NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Find more newsletters at plasticsnews.com/newsletters.

    You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.

    Get our newsletters

    Staying current is easy with Plastics News delivered straight to your inbox, free of charge.

    Subscribe today

    Subscribe to Plastics News

    Subscribe now
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter
    • Instagram

    Plastics News covers the business of the global plastics industry. We report news, gather data and deliver timely information that provides our readers with a competitive advantage.

    Contact Us

    1155 Gratiot Avenue
    Detroit MI 48207-2997

    Customer Service:
    877-320-1723

    Resources
    • About
    • Staff
    • Editorial Calendar
    • Media Kit
    • Data Store
    • Digital Edition
    • Custom Content
    • People
    • Contact
    • Careers
    • Sitemap
    Related Crain Publications
    • Sustainable Plastics
    • Rubber News
    • Tire Business
    • Urethanes Technology
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • News
      • Processor News
        • Injection Molding
        • Blow Molding
        • Film & Sheet
        • Pipe/Profile/Tubing
        • Rotomolding
        • Thermoforming
        • Recycling
      • Suppliers
        • Machinery
        • Materials
        • Molds/Tooling
        • Product news
        • Design
      • More News
        • K Show
        • Mergers & Acquisitions
        • Sustainability
        • Public Policy
        • Material Insights Videos
        • Numbers that Matter
      • Digital Edition
      • End Markets
        • Automotive
        • Packaging
        • Medical
        • Consumer Products
        • Construction
      • Special Reports
        • Notable Leaders in Sustainability
        • Processor of the Year
        • Best Places to Work
        • Women Breaking the Mold
        • Rising Stars
        • Diversity
        • Most Interesting Social Media Accounts in Plastics
      • Newsletters
      • Videos
      • Podcasts
    • Opinion
      • The Plastics Blog
      • Kickstart
      • One Good Resin
      • Pellets and Politics
      • All Things Data
      • Viewpoint
      • From Pillar to Post
      • Perspective
      • Mailbag
      • Fake Plastic Trees
    • Shop Floor
      • Blending
      • Compounding
      • Drying
      • Injection Molding
      • Purging
      • Robotics
      • Size Reduction
      • Structural Foam
      • Tooling
      • Training
    • Events
      • Plastics News Events
        • Plastics News Executive Forum
        • Injection Molding & Design Expo
        • Plastics Caps + Closures: A Global Online Event
        • Women Breaking the Mold Networking Forum
      • Industry Events
      • Injection Molding & Design Expo
      • Livestreams/Webinars
      • Editorial Livestreams
        • Bioplastics Live
        • Numbers that Matter Live
        • PFAS Live
        • Plastics in Politics Live
        • PN Live: Mergers and Acquisitions
        • Polymer Points Live
        • Sustainable Plastics Live
      • Ask the Expert
      • Plastics News Events Library
        • Plastics Caps & Closures Library
        • Plastics in Healthcare Library
        • Women Breaking the Mold Networking Forum Library
    • Rankings & Data
      • Injection Molders
      • Blow Molders
      • Film Sheet
      • Thermoformers
      • Pipe Profile Tubing
      • Rotomolders
      • Mold/Toolmakers
      • LSR Processors
      • Recyclers
      • Compounders - List
      • Association - List
      • Plastic Lumber - List
      • All
    • Directory
    • Resin Prices
      • Resin Prices Overview
      • Commodity Thermoplastics
      • High Temperature Thermoplastics
      • Engineering Thermoplastics
      • Recycled Plastics
      • Thermosets
      • Europe - Virgin
      • Europe - Recycled
      • Europe - Feedstock
    • Custom
      • Sponsored Content
      • LS Mtron Sponsored Content
      • Conair Sponsored Content
      • KraussMaffei Sponsored Content
      • ENGEL Sponsored Content
      • White Papers
      • Classifieds
        • Place an Ad
        • Sign up for Early Classified