Incoe Is US hot runner supplier’s expansion of German-based site just a first step?

Editor: Eric Culp

Incoe has unveiled its new complex in Rödermark, Germany, and company management said it is prepared to follow up the €8 million investment with the addition of even more production capacity.

Related Vendors

Incoe’s Hoff (l.) and Gramatzki expect the new factory to take advantage of current growth in the injection mould sector.
Incoe’s Hoff (l.) and Gramatzki expect the new factory to take advantage of current growth in the injection mould sector.
(Source: Culp)

Speaking at the opening ceremonies at the site, Incoe President Robert Hoff said the company has taken an option on a tract adjacent to the newly plant and offices, which cover 5,200 m2. The section on reserve totals 3,100m2.

Hoff said the company expects output to ramp up at the new site, which serves Europe. “We are confident that our production will increase over time.”

Our June Issue Photo Gallery

He noted that with annual revenue of around €73 million, Incoe is currently one of the five largest hot runner suppliers in the world. In addition, company sales are currently “spread evenly among the main three pillars” of the US, China and Europe, according to Hoff. He also played down concerns about a flood of Chinese tooling into Europe by noting that 80% of tools made in China remain there.

European General Manager Gunnar Gramatzki noted that along with increased production, the company has also been increasing its presence in the market. Incoe has been becoming more involved in technology partnerships with toolmakers, moulding shops and OEMs. As European Marketing Manager Reinhard Kabus explained: “We want to be a partner, not just a link in the supply chain.”

Hoff said the family-owned company wishes to grow organically, a point underlined by Gramatzki: “We are not actively looking for acquisitions.”

Subscribe to the newsletter now

Don't Miss out on Our Best Content

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy.

Unfold for details of your consent

(ID:42701349)