Synventive Molding Solutions Hot runner technology supplier invests to meet continued dynamic growth in Europe
Synventive Europe will soon see a 50% increase in production capacity across the business, the company announced today.
Synventive Molding Solutions plans to considerably expand capacity in response to increasing European demand. "We are responding to increasing European demand for our hot runner technology by significantly investing in and expanding our production capacity for Europe,” said Brian Bechard, Vice President and General Manager, Synventive Europe.
According to Bechard, Synventive Europe will double its production capacity across the business and the implementation of a three-shift operation at its Bensheim location beginning in the fourth quarter of this year. In addition, Synventive plans to invest substantially in personnel and more than €1m in expanding its manufacturing facilities.