Engel’s North American sales top $200 million for a record year


Engel North America's sales hit a record last year, exploding 236% from $59.5 million in the depths of the recession in 2010 to $200 million for the 2012-2013 fiscal year. Encompassing the U.S., Canada, and the maquiladora zone of Mexico, Engel's North American business, like its Austrian parent, has shown year-over-year growth since 2009, according to the company.

Engel's North American stellar results were in line with the broader injection molding machinery market in 2012, which saw the total number of molding machines ordered increase by 16% compared to 2011, according to the Society of the Plastics Industry's (SPI) Committee on Equipment Statistics. The total dollar value of injection molding machinery orders in 2012 grew even more, climbing 20% compared with the total from 2011.
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