Dynacast will close its Montreal diecasting plant by midyear as it establishes a new “global manufacturing footprint.” Some of the plant’s business will be transferred to a FisherCast operation in Peterborough, ON, according to reports there, but a new operation in China is the primary cause of the realignment.
From a company perspective, we simply have too much capacity in North America,” explained Dynacast CEO Simon Newman. “We had to make some difficult decisions to match our production capabilities and the utilization of our facilities with our worldwide customer demand.”
The new plant in Dongguan, in Southern China, started up last July. Dynacast recently said it designed the operation to serve the region’s automotive, consumer electronics, and telecommunications manufacturers. The 6,000-ft2 plant may house up to 40 diecasting machines, though to date it operates six multi-slide machines, four conventional zinc machines, and three precision aluminum machines.
“The Pearl River Delta area is one of the biggest areas of economic growth in China,” according to Newman.
Dynacast claims to be the world’s largest diecaster. It acquired rival FisherCast Global Corp. in August 2008.
Dynacast Shifting Production to New Plant in China
Diecaster will close Montreal operation by midyear