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May 10, 2007

1 Min Read
Haitian places new machines in Europe

Chinese injection molding machine manufacturer Haitian (Ningbo) in May delivered its first machine from the firm’s HTFW range to an unidentified European customer, via its Haitian Europe subsidiary (Cazzago, Italy). These machines are described by the manufacturer as an optimized version of its standard HTF platform range. The HTFW presses include electronics, electrical equipment, hydraulics, and drives sourced from European manufacturers.

The machine range, available with clamping force from 60-4000 tonnes, has a 5-point toggle and Keba controls. Three versions—Basic, Universal and Premium—are offered. Haitian claims these machines are offered at prices about 30% less than those of European machine manufacturers. The Universal machines cover about 80% of all molding applications, says Haitian.

Haitian is the world’s largest injection molding machine maker based on units sold and claims to be market leader in China. In 2006 the firm sold about 1100 machines in Europe, for about a 10% market share. Haitian is represented in the U.S. by Absolute Machinery Corp. (Worcester, MA), which was recently named among the ‘Top 100 Fastest Growing Inner City Companies in the U.S.’, placing 43rd with 5-year revenue growth of 327%. The competition is organized by the Initiative for a Competitive Inner City (ICIC) and Inc. Magazine.—[email protected]

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