This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Synventive inaugura sus nuevas instalaciones de producción de soluciones de moldeo en China

Synventive opens its new plant for production of solutions of molding in China

02/01/2006

on January 2, 2006

synventive molding solutions, specializing in the field of design, manufacture and supply of hot channels and related components for the sector of the moulding by injection, He has inaugurated its new facilities in Suzhou (China). New facilities are home to the ranges of MultiZone and KONA XP products manufacturing lines, as well as departments of engineering, sales and support services, and will become the headquarters of Synventive for the growing activity of the company in Asiawhere it already has with sales and assistance centres in Chinese populations of Ningbo and Shenzhen, as well as Singapore and India.

Mark Moss, President for Asia, said: "We envisage a prosperous future for our business in Asia, since this market offers vast opportunities." The number of employees of the new facilities will come to the 32 at the end of this year and we hope that it double during 2006. "We works in parallel with the development of the capacity and competence of local manufacturers."

Since the beginning of the activity in August, total sales, including the first systems manufactured in the new facilities, have doubled the expectations of the company. The majority of hot channels of Synventive systems are being used by providers of first level of the automotive sector, a market that Synventive leads already in Europe and North America. Synventive Molding Solutions will concentrate its efforts on increasing the quantity supplied in systems of hot profitable channels and will offer a special level of maintenance services and technical assistance to manufacturers of tools and Asia injection molders.

Mark Moss concluded: "our main objective is to maintain the high level of knowledge and experience and customer-focused orientation." The employees of our facilities in China shall endeavour to provide our customers the same services of high quality that we offer in other parts of the world. "It is gratifying to see the speed with which our employees of that country have learned to design, manufacture and maintain our systems of hot channels and the promptness with which our customers have hosted knowledge and technology that we offer."