Hong Kong-based mold maker and manufacturer TGV Ltd. has installed three new injection molding machines in Shenzhen, China.
The two Sumitomo-Demag all-electric machines and a Haitian hydraulic machine have clamping forces from 50 to 160 metric tons. They are running at TGV's newest facility, which opened in January.
“The three new injection molding machines are a great addition to the existing equipment, and allow us to extend our capacity to support current and future customers [for] low to high volume projects,” said general manager Gerard Coron.
TGV, which boasts double-digit growth during the past three years, gets 35 percent of its sales from the automotive industry and another 35 percent from industrial customers. Other markets include the aviation, medical, military and law enforcement industries. Most customers are in the United States and Europe.
Founded in 2007, TGV now has three Shenzhen plants.
At the 6,000-square-meter headquarters, 130 employees design, develop and test plastic injection molds. The 120 employees in the 8,000-square-meter TGV Industrial Solutions site design and make injection molds and progressive metal-stamping tools and dies. A plastic injection shop handles ovemolding, thermoset and thermoplastic materials. Another 30 employees in a 4,000-square-meter shop make small, high-precision switches and connectors.