Making good on its previously-announced aspiration to become the world's leading suppliers of all-electric injection molding machines, China's Haitian (15/A41) is constructing a mammoth production plant dedicated to their manufacture in its home city of Ningbo.
Speaking at a press event at the K trade fair, Haitian's CEO Professor Helmar Franz said the new 120,000-sq-m plant would be operational at the beginning of 2014 with capacity for 10,000 machines annually. "In the future, our two main machine types will be all-electric and two platen presses," said Franz. The new all-electric machine plant is a key initiative in the company's strategy ...