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17/Dec/2003
P.E.T.S. Expands Global Reach. New Manufacturing Facility In China Achieves Quality Standards
Plastic Engineering & Technical Services opens a manufacturing facility in China. The increased hot runner manifold systems sales demand in Asia and Europe as well as the global sourcing potential led to the newest investment at Plastic Engineering & Technical Services.
"According to recent reports the plastics industry in China is forecasted to grow at a rate of almost 6% annually," said Patrick Tooman, president, Plastic Engineering & Technical Services. "The introduction of the manufacturing facility in China will allow us to meet the increasing demands and better serve our customers globally."
Known for its innovative solutions in the plastics industry, Plastic Engineering & Technical Services will maintain its Research & Development operations in its world-headquarters based in Auburn Hills, Michigan, USA. The company plans to utilize the China-based manufacturing facility to develop Hot Runner Manifold System components that will be assembled in the USA.
"The aggressive global competition in the plastics industry requires us to evaluate our continued investment in technology, equipment, resources and sourcing opportunities," continued Tooman. "Our offices and manufacturing facilities in China, England, Italy and USA, provide the assets to compete globally."
Plastic Engineering & Technical Services, Inc., (P.E.T.S.) is a global provider of leading-edge plastics technologies, analytical services and quality product solutions to mold makers and injection molders. As a leader in the plastics industry since 1984, Plastic Engineering & Technical Services designs state-of-the-art plastics technologies and delivers quality services resulting in exceptional product performance and first-rate molding. ISO 9001:2000 Certified, Plastic Engineering & Technical Services specializes in Hot Runner Systems, Valve Gate Sequencers, Temperature Controllers, Mold Filling and Cooling Analysis and Secondary Equipment. In addition to its world-headquarters in Auburn Hills, Michigan, USA, Plastic Engineering & Technical Services also has offices and manufacturing facilities in England, Italy and China. ###
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