Swiss Precision Industries (SPI) announces the formation of a joint venture company with ESCATEC that will combine SPI’s precision stamping and die making facility in Shanghai, China with ESCATEC’s injection moulding and mould making facility (EMS) located nearby. The new company, Swiss Precision
Component Manufacturing (Shanghai) Co. Ltd. (SPCM), in which SPI is the lead partner and majority shareholder, will merge the staff, equipment and expertise of both organisations to create a more diverse range of capabilities that can be offered to the customers of both organisations and the market at large, providing the cost savings and efficiency benefits of a larger scale operation.
For customers of both organisations there will be no immediate change to their interactions with SPI or ESCATEC in Shanghai, until the legal and physical merger is completed in the coming months.
The combination of precision stamped parts with injection moulding expertise forms an ideal platform for insert moulding applications widely used in automotive and other demanding industries. Combining the tool making facilities of both operations will also add capacity and expertise for precision progressive die and mould making.
Facility size: 2,000 m2
Employees: 90
Certifications: ISO 9001:2008, TS 16949:2009
For further information about Swiss Precision Industries, a leader in the precision engineering industry, serving international manufacturers from its bases in Singapore, China and Thailand :
www.swissprecision-ind.com
I-a, No. 1688, Zhuan Xing Road
Xinzhuang Industrial Park
MinHang District
Shanghai 201108
People's Republic of China
Phone: +86 21 64 42 31 82
Fax: +86 21 64 42 31 83
info(at)escatec.com
www.swissprecision-ind.com