NEWS Novares buys MPC in US
Automotive moulder Novares has acquired Miniature Precision Compo- nents (MPC), a US maker of highly engineered plastic components and integrated modules for vehicle power- trains. Novares has sepa- rately acquired all of its joint venture company in Wuhan, China, by buying the final 30% stake from its partner, Yazhong, via its Chinese subsidiary, Noveastern. MPC turned over $265m in 2018 and has five US sites in Wisconsin and Tennessee, plus one in Mexico, employ- ing 1,600 people. Novares already had eight US sites. Buying MPC, the company said, “nearly doubles the size of Novares’ engine business, giving it a critical size and a global reach to position itself amongst the top global powertrain parts suppliers”, as well as greater customer proximity. Ford, General Motors, FCA, Nissan and Toyota are MPC’s main automotive customers. In addition, MPC offers components for system-
MPC makes automotive parts and modules, including crankshaft covers
critical powertrain and under-the-hood applica- tions such as engine and transmission sealing, air and fluid management and emissions control, plus 3D suction blow moulding and moulded foam capabilities. The combined company will have sales of about €1.5bn per year and a total of 47 plants in 22 countries, employing 12,000 people. Novares has a goal to reach annual global sales of €2bn in 2020 “through targeted external and internal growth operations as well as organic innovation”, accord- ing to CEO Pierre Boulet. As well as buying its
Chinese JV, Novares has relocated the production plant from Wuhan to a more modern site at the Shanghai
General Motors Suppliers Park. This now also houses the former Wuhan Technical Centre. The move brings Novares closer to General Motors and other automotive OEMs in the region, such as DPCA, Ford, Honda, Renault- Nissan and Dongfeng. The JV itself dates back to 1997 and was originally created to supply Citroën and Dongfeng with parts for the ZX car. It turns over €32m/year and employs over 300 people, making interior plastic components and trunk trims, exterior pillars and cowl tops, air intake systems and mani- folds, cam covers, oil sumps, thermostat housings and beauty covers. �
www.novaresteam.com �
www.mpc-inc.com
Anomatic buys CP in Ohio
Anomatic, a producer of metal packaging for the cosmetics industry based in New Albany, Ohio, has acquired injection moulding firm CP Technologies from its founder, Dr Charles Amata. President and CEO Scott Rusch called this “an ideal fit that will further the company’s position as a worldwide leader in beauty and personal care packaging”. CP makes moulded plastic components and assemblies for multiple industries from a 2,900 m2
facility near Columbus
airport and 8 km away from Anomatic’s site. This has 22 injection mould- ing presses from 55 to 500 tons clamping force. The company’s key injection moulding capabilities are structural foam moulding, over- moulding and insert moulding. �
www.anomatic.com
Motan moves in India
Left to right: Srikanth Padmanabhan, Managing Director of Motan-Colortronic Plastics Machinery India; Karin Stoll, Consul General for the Federal Republic of Germany in Chennai; and Sandra Füllsack, CEO of Motan Group
4 INJECTION WORLD | March 2019
Motan-Colortronic Plastics Machinery, an Indian subsidiary of German ancillaries group Motan, has moved to new premises in Chennai, where it has tripled its production and storage space, and has also increased its product portfolio. The facility was officially opened in the presence of Karin Stoll, the German consul-general in India, Motan CEO Sandra Füllsack and other dignitaries. “Now, we not only cover the increasing demand for high quality peripheral units and systems, but also provide shorter delivery times”, said managing director Srikanth Padmanabhan. “Also, with the new products we can now also serve additional segments, such as extrusion and compounding.” �
www.motan-colortronic.com
www.injectionworld.com
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