On November 4, 2015, the Wittmann Group signed a framework agreement with Hayco. The agreement covers the manufacture of SmartPower and MacroPower series to Hayco in the coming 5-10 years.Hayco with headquarters in Hong Kong is a world leading manufacturer of modern household products and appliances. The company has a diverse portfolio of products which it supplies to leading consumer brands. Hayco has been manufacturing in China for over 30 years. Its three plants in Shenzhen are over 1.5 million square feet.
In August, 2015, Hayco announced that it would invest over USD 50 million for a brand-new injection molding and assembly plant in Dominican Republic to expand its global footprint and improve deliveries to the USA and Europe in the future. The need for world class technology in this new facility and reinvestment in its existing operations in China led them to partner with Wittmann Battenfeld and the integrated injection molding solutions they provide.
The Wittmann Group will supply these new high-performance machine series to Hayco for its new plant in Dominican Republic and the expansion of existing three plants in Shenzhen. Both parties signed the contract for equipment purchase, including over 100 units of Wittmann Battenfeld's SmartPower servo-hydraulic injection machine, MacroPower series large injection machine as well as peripheral auxiliary equipment and the central feeding system.
SmartPower combines the advantages of hydraulic machines with those of all-electric machines: energy efficiency, precision, user-friendliness, compact design, high speed, cleanness. The new MacroPower spans 400 to 1600 tons, with servo-driven hydraulic pump a highly recommended option. Wittmann Battenfeld provides comprehensive solutions to Hayco by bringing in proven technology in precision, one-stop procurement and energy efficiency solutions. Moreover, Wittmann Battenfeld's globalized network services of highly skilled technical support are available 24 hours a day, 7 days a week. All these showed what it has been doing to make good on its pledge to reinvigorate the venerable Wittmann Battenfeld name and its reputation for innovation and proved to be a trusted partner to Hayco.
