HLH Acquires New Factory
Online, April 12, 2013 (Newswire.com) - HLH Prototypes Co Ltd expands its production capacity with the acquisition of Hong Kong's Ocean mold.
China's fastest growing rapid manufacturer has completed the buyout of a Hong Kong tooling and injection molding facility. Completed this week the sale of Ocean Mold to HLH Prototypes Co Ltd means HLH's injection molding capacity has expanded to over 6000sqm with a further 7 injection molding machines the largest of which is 260 tonnes of pressure.
The take over confirms HLH's desire to become the premier rapid manufacturer in Asia. As well as the 4000sqm facility and all of the equipment HLH will also retain the highly experienced engineering team.
HLH owner Vader Yu said: "this purchase has been in the pipeline for a long time and I am pleased we have finally completed it. The set up here is fantastic, the equipment top notch but most of all what we are buying is the skills and expertise of the highly experienced team here"
" I hope with the new investment we plan to make in improving this facility we can continue to strive towards our goal of becoming a true one stop shop for our clients, providing high quality and service from design right through to production."
HLH continue to grow and the new takeover expands their already comprehensive range of services which includes prototyping, precision machining, vacuum casting, rapid tooling and metal work. HLH was formed in 2001 and has grown from it's original small factory of four people to encompass 3 facilities with over 9000sqm of manufacturing space and nearly 400 employees.
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Tags: injection molding, Manufacturer, prototypes, rapid prototyping, tooling