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Austrian firms bring their apprenticeship model to China

Walk out on the floor at the Shanghai factory of Austrian machinery maker Engel Holding GmbH and toward the back of the plant, you'll find a group of industrious young adults, all under 20 years old, learning the ropes.
They're part of an unusual program in the plastics industry to bring intensive European-style apprentice training to China. The program, Austrian Apprenticeship Shanghai, is in its fourth year and this year graduated its first class.


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Plastics apprenticeships offer fresh path to China's students

For the young apprentices in an Austrian-led plastics training program in Shanghai, starting work at age 15 in a foreign-owned company can be a chance to follow a different path than their peers.


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China’s plastics firms report strong first half

Hong Kong-listed plastics machinery and processing companies are posting strong results for the first half of the year, citing rising demand in China as automation along with overseas trade initiatives take hold.


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Haitian sales jump 30 percent on strong demand from China

Haitian International Holdings Ltd., China's biggest maker of injection molding equipment, saw sales jump 30.5 percent to 5.037 billion yuan ($756 million) in the first half of the year, on what it called a "mild recovery" in the global economy and strong demand in China.


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Taiwan exec donates $1 million to UMass Lowell 3D printing lab

The president of a small, high-end Taiwanese injection molder has donated $1 million to his alma mater, the University of Massachusetts at Lowell, for a 3D printing and rapid prototyping lab.


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Saudi Arabia looks to recruit global plastics processors

Saudi Arabia made a push at the recent Chinaplas fair to recruit plastics processing companies to the kingdom, as it tries to diversify its economy and build on its large resin manufacturing sector.


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U.S. molder sees Baxter robots as way to compete against China

A small custom injection molding factory in the United States says its use of Baxter collaborative robots helps it stay competitive against China.


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Chinese suppliers, with Beijing's blessing, embark on global buying spree

A subsidiary of Ningbo Joyson Electronics Co. announced plans to acquire the assets of bankrupt Japanese airbag maker Takata Corp.
With the $1.6 billion deal, Joyson joins a wave of Chinese auto suppliers that have used major acquisitions to raise their global profile.


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Sales foaming over at Yizumi

Chinese injection press maker Guangdong Yizumi Precision Machinery Co. Ltd. is making investments to increase capacity, as it says orders are rising by double-digit levels from last year.


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China’s plastics sector remains a driver of global industry

Guangzhou, China -- For all the challenges in China's manufacturing sector, from slowing global growth hurting exports to rising production costs within the country, it remains the world's largest market for plastics and a significant driver for industry growth.


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