CINCINNATI — Milacron Holdings Corp. has completed an expansion at its Mold-Masters' hot-runner plant in India.
Mold-Masters finished the expansion in the second quarter, to serve what company officials said is a rapidly growing market in India.
The 10,000-square-foot facility in Chinnavedampati, Coimbatore, is just two-and-a-half miles from the existing manufacturing facility and about five miles from Mold-Masters' head office in Saibaba Colony.
According to Milacron, the plant will mainly manufacture Mold-Masters hot runner systems for automotive and large parts — the Fusion G2. The G2 product line is engineered in Europe. It features a drop-in, single-point connection design for easy installation, faster start-ups, reliability and user-friendly maintenance for automotive and medium to large part molding applications, Milacron officials said.
Milacron will feature the Fusion G2 hot-runner system at the upcoming Fakuma 2015 show in Friedrichshafen, Germany, Oct. 13-17.
Kannan Venkatraman, Mold-Masters' managing director, India, hosted a grand opening. Hans Hagelstein, Mold-Masters' vice president and general manager for Europe, Middle East, Africa, and India, also performed the ribbon cutting ceremony to officially open the facility.
“As India's injection molding market continues to grow, so too will the complexity of the molded products the region produces,” Hagelstein said. “With complex products come increasingly complex molds and an increased reliance on hot runners, which is where Milacron's Mold-Masters brand excels.”
Milacron's team in Coimbatore has grown from a small group to more than 350 employees today.