Moldchina.com, a China-based plastic injection mold service provider which is known for its precision molding capabilities, recently stepped up its investments in high-speed CNC machinery. The company has recently purchased a number of new CNC machines for its Shenzhen manufacturing facility. The owners of the plastic injection mold service provider believe that the investments would increase the fourth quarter dividend yield by about 20 percent. They stated at a recent press conference that they mooted fresh investments in industry-grade equipment in a bid to drive growth.
Moldchina.com, which has been offering precision plastic injection molding services to plastic parts manufacturers around the world for more than 15 years, has recently changed its strategy to focus more on building their technical capabilities. The owners stated that the change in their strategy has helped them revisiting and strengthening their partnerships with their domestic and overseas clients.
“The CNC machines we have purchased are designed for precise molding operations of nano parts. We purchased these high-speed machines for flexible part molding. The machines have effectively reduced the production times and we hope to generate many more molds in the coming days. Usually, we produce 40 molds every month, but our production capability has significantly increased”, said a marketing executive of Moldchina.com.
Aside from the high speed CNC machines, the company has also invested in dual head EDM machines, mirror finish EDM machines, wire cut machines as well as project measurement equipment. According to the executive, the company will reconsider its investments in infrastructure and equipment in second quarter of 2019 and may step up their investments further. The company has also published a mold manufacturer selection guide recently for their partners and stakeholders.
The CEO and managing director of Moldchina.com said, “We are going through a transition and the decision to invest in CNC machinery was a strategic one. The international market for plastic injection molding services has become more competitive than ever before. In order to beat the competition, we decided to increase our production capability and also to reduce the manufacturing downtime. For this reason only, we wanted to increase our investments in machinery and infrastructure, aside from investing in skilled labor”.
About the Company
Moldchina.com is a leading plastic injection molding service provider from Shenzhen, China.
For more information, visit https://www.moldchina.com/
Company Name: Mold China Co., Ltd.
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Address:Longxing Building, Songyu Road 144#, Songgang Town