Jay Bender, president of Falcon Plastics, headquartered in Brookings, South Dakota, said in a telephone interview: “We now own the company as a partner. Everyone is one of them. Only by working together can we manage the company well.â€
The factory in Suzhou, Jiangsu was originally founded by Poly-Cast Inc, based in Tigand, Oregon. The company was established in 2006. He was invested in the plant in 2008 after Viking Plastics of Corry, Pennsylvania, USA.
Bender said: "We have business dealings with some multinational customers and have seen new opportunities. They want to find honest and reliable suppliers and ask if we are interested in working together."
He found partners through the American Association of Plastics Processors in Indianapolis, USA. He found that although people are divided into different regions, they share the same business philosophy.
Joining a Chinese factory gives Falcon a chance to better open the Chinese market. The Suzhou plant produces closed-loop process controllers and currently supplies the automotive, transportation and medical markets. The plant is equipped with eight injection molding machines with a maximum clamping force of 550 tons, and there is room for energy expansion. A total of 15 presses can be placed. According to Bender, the plant will add a larger tonnage press to meet the supply requirements of an existing customer.
Jeff Leedom, general manager of Poly-Cast Plastics, said in a press release: “Preckard Suzhou has made great strides in its past cooperation and its strength has increased. This cooperation will help us build a deeper engineering/technical resources reserve. And a broader market/product mix, ultimately achieving diversification and enhancing business.â€
Poly-Cast has a 600,000-square-foot facility in Oregon that produces heavy-duty truck electronic throttle controls, four-wheel drive hub assemblies, automotive antenna assemblies, needleless injection devices, and biological indicator bottles.
Viking is part of VPI Acquisition Corp. The company has a 65,000 square foot facility in Pennsylvania, USA. The plant produces a variety of custom and specialty products, including hermetic and liquid flow components, automotive air conditioning products, fuel system components, closures and containment, and high temperature shielding products.
Falcon currently has four plants in the United States, two of which are located in Brookings (64,000 square feet and 30,000 square feet respectively), a 40,000 square foot facility in Madison, South Dakota, and a 50,000 square foot facility in Tennessee. State of Lexington. The company is engaged in injection molding, blow molding and thermoplastic molding.
Bender and his brother Guy, sister Deani, and sister Shaun Riedesel own Falcon. He said that the company does not intend to sell the products of the Suzhou factory to the United States. He said that he had already explained the situation to the employees of all Falcon factories, and wrote letters to customers explaining the business plan in China.
Recently, the company also expanded its Madison plant and added a blow molding machine capable of simultaneously producing 15 pounds of double-shot molding.
He said that Falcon has been engaged in diversified operations for many years, and this time the company's stake in the Chinese factory will further enhance its ability to diversify.
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