Plastics injection moulding company MoldTecs, which belongs to German automotive components holding company Amaneos (Frankfurt; www.amaneos.com), has opened its first production facility on Chinese soil in Taicang, Jiangsu, near Shanghai. At the site, under-the-hood components such as charge air ducts, cylinder head covers, and cooling modules are to be produced.

At present, 45 employees work at the plant, but by the beginning of 2025, according to the company, the aim is for all the production lines to be up and running with a workforce of around 200. 

MoldTecs has invested around EUR 25 mn in the construction of the new factory. “With the Taicang site, we want on the one hand to expand our cooperation with global OEMs on the Chinese market,” explained Mathieu Purrey, CEO of Amaneos, during the opening of the plant, “but on the other, we also aim to increase our business with local car manufacturers.” A particular focus is to be on the booming market of electromobility. 

MoldTecs, the former filter business of Mann+Hummel, is headquartered in France and has branches in Germany, the US, Mexico, Brazil, India, South Korea, Japan, and China. Global sales amount to more than EUR 500 mn.

In March this year, under the roof of Amaneos, German industry holding company Mutares (Munich; www.mutares.de) merged its three injection moulding activities, Light Mobility Solutions (LMS), MoldTecs, and SFC Group.