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Plasman takes over US BMW provider
Plasman has acquired Minghua USA, a tier-one automotive manufacturing and sequencing firm positioned in Greer, South Carolina, which provides BMW.
The manufacturing facility, in-built 2016, is an exterior trim paint plant that has functionality for full fascia/bumper.
That is the fourth acquisition by Plasman since 2015, and expands world operations to 17 manufacturing websites worldwide.
“Including the Greer manufacturing website to our portfolio grows Plasman’s deliberate footprint and permits us to broaden our present European buyer relationships with BMW and Volvo right here in North America. Moreover, by means of the acquisition, Plasman provides Volkswagen as a brand new buyer with upcoming product launches in 2022 and 2023,” mentioned president & CEO David Wiskel.
The brand new website, positioned on the Velocity Industrial Park in Greer, is a mould, paint, bonding and meeting plant location with JIT meeting and sequencing functionality.
It’s outfitted with 16 injection mould machines with tonnage as much as 4000t and a Sturm-Eisenmann fascia paint system that may present capability to fabricate 1,000,000 bumpers per 12 months.
“Strategically, the location rounds out our southern US footprint and helps a few of the most superior automotive merchandise in the marketplace, together with full exterior for the upcoming launch of the brand new BMW G09 and a posh exterior bundle for the Volvo XC90 Electrical Automobile,” mentioned Plasman president, North America Tim Berezowski.
Plasman is a key provider of exterior trim, bumpers/fascia, and subcomponents for main OEM automotive manufacturers, and is a big participant within the shopper items market specialising in precision moulding. Just lately, the corporate diversified additional into the medical gadget and biotech trade.