Office set-ups: Toyo Ink opens in Morocco; Engel opens second location in Mexico

Japan’s Toyo Ink SC Holdings Co., Ltd., the parent company of the Toyo Ink Group of Japan, has opened a new sales subsidiary in Casablanca, Morocco, in preparation for a full-scale business launch into the African continent. Eyeing the future economic progress of Africa, the company says it will set up its very first office on the continent, Toyo Ink North Africa S.A.R.L., for the medium- to long-term timeframe, with paid-in capital of EUR2.4 million.

“Following China and India, the African continent is believed to be one of the future growth engines of the global economy,” said Katsumi Kitagawa, Group CEO of Toyo Ink Group. “Up until now, the Toyo Ink Group had been developing its business in the region by way of our existing operating bases. These efforts are now beginning to pay off as sales in the region have been steadily rising. The decision to establish an office in Morocco is a result of this early success and our need to focus on branding efforts, as we continue to solidify our position as a global single-source provider of integrated printing and packaging solutions.”

Toyo Ink North Africa will be engaged in developing business opportunities for a wide range of group products such as commercial printing inks, liquid (flexo and gravure) inks and adhesives for food packaging, and can coatings. It will market existing group products while functioning as a market research hub to help promote products customized to the unique needs of local markets.

Moreover, the new subsidiary will not only focus on expanding sales and the development of ink products, but also work to increase sales of the group’s growing chemical businesses. Through its business activities, Toyo Ink North Africa says it aims to form a solid foundation on which to make a positive contribution to the growth and development of African nations over the long term, and to ultimately realize the group vision of creating a vibrant world in which all living beings and the environment can coexist harmoniously.

ENGEL opens second location in Mexico

In other news, machinery firm Engel’s Mexican branch has opened a second location in Mexico in San Pedro near Monterrey. Austrian firm Engel is headquartered in Querétaro near Mexico City in the centre of the country, where numerous companies in the plastics industry are also based. There are 800 km between the two industrial regions.

"We are thus shortening the distance to our customers in the very important industrial region in the north of the country," emphasizes Peter Auinger, Managing Director of Engel in Mexico.

"This is precisely why we decided to establish a permanent Engel team in the north," says Auinger. Two sales experts and four service technicians are the initial team. In addition to offices, they have at their disposal a large conference room with presentation technology, which is also used for customer training courses. At the inauguration of the site,

For training courses and workshops directly on the machine, Engel works together with a partner in the north of the country. In its technical centre in Monterrey, this partner has machine capacities available for Engel customers.

"We are increasingly becoming a partner for our customers over the entire life cycle of our injection moulding machines and system solutions," explains Auinger. “The demands placed on our consulting services are increasing, and we are working more and more closely with our customers. The geographic proximity becomes even more important." In the Monterrey region, the automotive industry in particular is strongly represented. In addition, Engel de Mexico has many customers in the packaging, telecommunications and consumer electronics industries.

Injection moulding machine manufacturer and system solutions provider Engel, headquartered in Austria, has had its own sales and service subsidiary in Mexico since 1996. In 2010, the premises were moved from Mexico City to Querétaro and significantly expanded. Engel has its own machine technology centre and spare parts warehouse in central Mexico and employs almost 70 people in the country.


Subscribe to Get the Latest Updates from IMA  Please click here

Copyright (c) 2019 www.injectionmouldingasia.com. All rights reserved.