Niigata Spins Off Injection Molding Business | plasticstoday.com

2023-04-16 18:39:49 By : Ms. Lynn Lin

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Niigata Spins Off Injection Molding Business | plasticstoday.com

The parent company of Niigata Machine Techno USA, a wholly owned subsidiary of Japan’s Niigata Machine Techno Co. Ltd., has spun off the injection molding side of its business into a separate company. Effective March 1, Niigata Machinery Co. Ltd., as it is now named, will focus solely on driving new business growth of injection molding machines worldwide.

To support that growth, Niigata Machinery said it has made a multi-million-dollar investment in the business, starting with the construction of a new state-of-the art manufacturing facility. When completed, it will consolidate all aspects of Niigata’s injection molding business — from research, design, and engineering to fabrication, manufacturing, and warehousing — at a single location in Niigata City, Niigata Prefecture, Japan.

The new plant could not come at a better time for the company's US plant in Elk Grove Village, IL, according to Steve Cunningham, general manager of Niigata Machine Techno USA’s Injection Molding Division. “We’ve been in the midst of a major growth surge for our MDS8000 all-electric injection molding machines that could not be supported by our existing facility,” he said. "When our new facility opens in 2025, we’ll not only be able to support this growth surge, but we expect to significantly shorten lead times throughout North America so that we can get new machines out to customers on a timely basis.” 

With the single focus of the corporation, the new plant will have the technology and expertise needed to support Niigata’s strategic growth objectives for expanding beyond its current product line into larger injection molding machines above 500 to 1000 tons, said the company in the announcement. 

“With our new plant and the current strength of our engineering group, along with new technology and additional skilled personnel, Niigata is breathing new life into our entire organization,” said Cunningham. “The potential for new business growth in North America and beyond is unlimited, and we’re just getting started.”

Niigata Spins Off Injection Molding Business | plasticstoday.com

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