HTP HIGH TECH PLASTICS
Merger between RKW Kunststofftechnik and HTP Formenbau / Focus: US automotive market
At the end of 2001, the Austrian company HTP High Tech Plastics AG (A-7201 Neudörfl; www.htp.at) merged RKW Kunststofftechnik GmbH (A-8753 Fohnsdorf; www.rkw-kunststoff.at), which was taken over by the company in September 2001, with HTP Formenbau GmbH, formerly known as AT&S Formenbau, which was also taken over in the spring of 2001 into HTP Fohnsdorf GmbH. As planned, this site becomes the automotive headquarters of the plastics processing company.

At the same time, HTP has announced their plans for entering the US automotive market. The company has acquired 26% of shares in the US competitor SPI LLC (48315 Shelby TWP, Michigan/USA). There is a five-year option for a take over of the majority of the company´s shares. A report states that SPI is operating in the area of injection moulding. With this acquisition HTP will gain access to “all system houses in the US as well as to leading automotive companies such as Ford, General Motors and DaimlerChrysler”. The Fohnsdorf location will become responsible for all engineering and mould-making operations for the automotive market. Production and customer care will remain in the US.
24.01.2002 Plasteurope.com [16247]
Published on 24.01.2002

© 2001-2025 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2025 by Plasteurope.com, Bad Homburg
Date of print: 22.04.2025 04:12:10   (Ref: 935402303)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp