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Trexel, Inc. 100 Research Drive, Wilmington, MA 01887 www.trexel.com
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PRESS RELEASE -for immediate release- Visit us at K 2013
Hall 13 Stand B46
For More Information Contact: Andrea Siy, President S!Y Communications, Inc. 978-465-6363 [email protected]
Steve Braig, President & CEO Trexel, Inc. 781-932-0202 [email protected]
Joint Venture by Trexel Inc. and Matsui Manufacturing Co. Ltd.
Forms Trexel Japan Co. Ltd.
Allows further penetration of the Trexel MuCell® injection molding technology into the Japanese marketplace
(Trexel, Inc., Wilmington, MA September 17, 2013)… Trexel Inc., the exclusive
provider of MuCell® Microcellular Foam injection molding technology has
significantly increased its presence in the Japanese market by creating Trexel
Japan Co. Ltd. from a joint venture with Matsui Manufacturing Co Ltd. The
operation, based in Tokyo, started September 1, 2013, and is led by president Mr.
Hisashi Tsugawa. Mr. Tsugawa has over 20 years of progressive management
experience in the Japanese injection molding industry, most recently serving as
General Manager of Sato Light Industrial Co. and previously in progressive
management responsibilities at GE Plastics Japan.
“We are very excited to work with Matsui in this important market,” said Mr. Steve
Braig, President and CEO at Trexel. “As a global leader of auxiliary equipment for
the plastics industry and with extensive expertise in the Japanese marketplace,
Matsui makes an ideal partner for this venture.”
Trexel, Inc. 100 Research Drive, Wilmington, MA 01887 www.trexel.com
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To better service the existing and growing customer base in Japan, local process
engineers and technological resources support the Trexel Japan Co. Ltd. sales
organization. The newly created subsidiary allows Trexel, who has a majority
stake in the venture, further penetration into the Japanese market, specifically
with the automotive OEMs and Tier one suppliers – who can reap the same
lightweighting benefits as those in North America and Europe.
“Japan is a very promising market for our technology,” adds Braig. “The growing
demand for reduced costs and sustainability allow the advantages of our
MuCell process to stand apart. We see great opportunity with the Japanese
automotive sector specifically as they can benefit greatly from our lightweighting
process technology.”
Trexel Inc and Matsui Mfg. Co. Ltd. have fostered a relationship over the past few
years. Trexel has participated in Matsui’s “The Association of Green Molding
Solutions”, a global alliance of sustainable injection molding suppliers that was
formed in 2011. This association holds annual conferences throughout Asia. The
conference agenda is organized by a volunteer committee of all branches of
the industry molders, machinery and materials suppliers with the specific goal of
helping molders become more efficient and use fewer resources. This goal aligns
perfectly with the benefits of Trexel MuCell® Foaming technology.
The Trexel MuCell foaming technology involves the introduction of precisely
metered quantities of atmospheric gases (nitrogen or carbon dioxide) to create
a foamed part, resulting in high quality precision and engineered plastic
components, while greatly reducing production costs associated with lower
Trexel, Inc. 100 Research Drive, Wilmington, MA 01887 www.trexel.com
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material consumption, shorter molding cycle times, and reduced machine
clamping tonnage requirements. For the automotive sector, the MuCell process
enables component manufacturers to light weight plastic parts for overall
vehicle weight reduction and improved fuel economy. The process also leads to
predictable and repeatable part geometry, allowing for the use of lower cost
polyolefin resins without warpage or distortion.
Visit Trexel (Hall 13 Stand B46) at the upcoming K show, October 16-23 in Düsseldorf, Germany.
About Trexel, Inc. Trexel, Inc., headquartered in Wilmington, MA has led the development of the MuCell® Microcellular foaming technology and has pioneered many plastic processing solutions. Process deployment as well as equipment is supported by teams of highly qualified engineers through Trexel subsidiaries in North America, Europe, and Asia. For more information, please visit www.trexel.com. ® MuCell is a registered trademark of Trexel, Inc About Matsui Mfg. Co. Matsui Mfg. Co., Ltd. was founded in Japan in March, 1912, as a manufacturer of medical and chemical equipment. In 1963, the company began manufacturing injection molding equipment and, today, they are the number one manufacturer of industrial drying and pneumatic conveying equipment in Japan. Matsui has advanced the plastics industry with unique innovations that can dramatically help plastic processors produce more, faster, and with less effort. For more information, please visit www.matsuiamerica.com. ## Please see photo – page 4 (hi res file attached separately)
Trexel, Inc. 100 Research Drive, Wilmington, MA 01887 www.trexel.com
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Caption for Photo: Hironobu Matsui, President of Matsui Mfg Co Ltd formalizes the joint venture agreement with Steve Braig, President and CEO of Trexel, Inc.
