Machine maker Wittmann Battenfeld says it's inked a deal to supply more than 100 injection presses to Hong Kong-based Hayco Manufacturing Ltd. for that company's new manufacturing plant in the Dominican Republic and for an expansion of its existing China factories.
Vienna, Austria-based Wittmann Group said in a Feb. 23 announcement that Hayco plans to purchase the company's SmartPower servo-hydraulic and MacroPower large tonnage injection machines, along with auxiliary equipment, over the next 10 years.
The value of the contract was not disclosed.
Hayco, which makes consumer goods like brushes, electric shavers and toothbrushes, said in August that it would spend up to $50 million on the factory in Santo Domingo, the Dominican Republic, opening the first stage in 2017 and the second stage four years later.
It would be the company's first outside China, and is designed to dramatically cut shipment times to the United States and Europe. It also has over 1.5 million square feet of manufacturing space in three factories in Shenzhen, China.
The company has in-house mold making, extrusion and injection molding, along with product development and secondary operations like assembly. It supplies 150 million consumer products a year to companies including Procter & Gamble, Target, Wal-Mart Stores Inc. and 3M.
Wittmann Battenfeld GmbH will exhibit at the K 2016 trade show in Düsseldorf, Germany, in Hall 16, Booth D22.