On 10th October 2024, YIZUMI-HPM held a grand ceremony for the new facility expansion at its Ohio factory, as well as an open house event. This move comes after the opening of YIZUMI's subsidiaries in Thailand and Mexico earlier in 2024, marking another significant milestone in the company's global layout.
Collaborating with Industry Leaders to Shape North America's Future
During the event, Richard Yan, chairman and CEO of YIZUMI, delivered a speech. He reviewed the significant milestone for YIZUMI in 2011 – the successful acquisition of HPM, a renowned American machinery manufacturer with over a century of history, along with all its intellectual property rights. He explained how this move significantly boosted YIZUMI’s competitiveness in the international market.
Yan highlighted that with well-known brand HPM, YIZUMI has strengthened its global market presence, expanded into strategic markets, and achieved new milestones overseas, thereby elevating its brand’s international profile.
He also introduced the expansion project of the Ohio factory. He noted that the expansion project, with a total investment of over $11 million, is one of YIZUMI’s largest investment projects in North America and globally in recent years. This project will significantly enhance YIZUMI’s position in the North American and global markets, providing strong support for achieving the strategic goal of “becoming a world-class enterprise in the field of moulding equipment.” In the future, the company is expected to further accelerate its response to the southern US market and consider launching a second construction project to continue promoting YIZUMI’s expansion in the global market.
Mike Meyer, president of the North American Die Casting Association was invited to attend the event and present to those attending. Senior managers, business partners, and customers of YIZUMI gathered together to witness this important moment.
Technology Sharing for Innovation and Strategic Vision
Amid clapping and cheers, the leaders of YIZUMI and guests stepped onto the stage to participate in the ribbon-cutting ceremony. With a single snip, the ribbons fluttered, symbolising the bright future of the company. During the ceremony, YIZUMI’s leaders and technical experts showcased the expansion achievements, and shared the global operation strategy and goals, by introducing the sales and service capabilities of YIZUMI-HPM, as well as the turnkey solutions they can provide.
To showcase the practical impact of the strategies and solutions, YIZUMI has arranged factory visits. By visiting the YIZUMI Ohio factory, customers gain an in-depth understanding of YIZUMI’s advanced technology and manufacturing processes, thereby further strengthening their trust and recognition of the YIZUMI brand and its products.
About YIZUMI-HPM in America
With the background of ever changing global manufacturing, YIZUMI, as a leading enterprise in the moulding equipment industry, is steadily expanding its global market footprint with its keen market insight and steadfast global development strategy. Among these, the expansion project of YIZUMI’s production plant in Ohio, USA, is a significant strategic move to deepen its North American market layout and strengthen its global competitiveness.
The intention of the expansion is to significantly increase YIZUMI’s inventory levels of machines and spare parts in the United States, thereby further accelerating delivery response and enhancing customer satisfaction. It is reported that the expansion covers a main building and internal facilities of 44,000 square feet. From research and design planning to construction and final delivery, it has taken three years, which fully demonstrates YIZUMI’s high regard for the North American market and commitment to long-term development. During the expansion process, YIZUMI faced numerous challenges, including the rampant pandemic, uncertainty regarding American construction standards, difficulties in selecting a design institute and construction team, and the absence of original land drawings. However, with the close collaboration between the Chinese and American teams and partners, these difficulties were overcome one by one, and the expansion project was ultimately successfully completed.
The expanded Ohio factory has achieved significant improvements in production capacity and warehousing logistics. Specifically, the lifting capacity of the factory’s cranes has been doubled from the original. At the same time, with the expansion of the new factory, the enhancement of lifting capabilities, and the comprehensive improvement of loading and unloading equipment and facilities, all aspects of equipment production, maintenance, modification, loading and unloading have been greatly optimized, significantly enhancing overall operational efficiency.
The expanded Ohio factory is also equipped with more advanced facilities. These facilities meet the needs of specialised application such as mould testing, customer collaboration in research and development, and the exploration of new materials and processes, and they also provide strong support for YIZUMI’s improvement in the fields of innovation and customer service. The expansion of the new facility and the establishment of YIZUMI Mexico have created strong strategic alignment. This move has optimised YIZUMI’s global manufacturing and supply chain and significantly enhanced its service capabilities in the local market. It aligns with YIZUMI’s global strategy, aiming to boost competitiveness and deepen partnerships with customers worldwide through a combination of global reach and localised operations.
The expansion of YIZUMI’s Ohio factory and the establishment of YIZUMI Mexico subsidiary have formed a close strategic synergy. This layout optimises YIZUMI’s global production and supply chain network and significantly enhances its localisation service capabilities in the North American market. This aligns closely with the company’s globalisation strategy, which aims to continuously enhance brand competitiveness by combining global layout with localised operations, deepen co-operation with global customers, and jointly explore broader development prospects.
In the future, YIZUMI will continue to deepen its ‘Global Operation’ strategy, optimising supply chains, and enhancing service quality to strengthen its global market leadership and drive the future of the moulding equipment industry.