Advanced Plastic Processing Technologies ("APPT")
Our APPT segment designs, manufactures and sells plastic processing equipment
and systems, which include injection molding, blow molding, extrusion and auxiliary
systems along with the related parts and service. We are the only full-line plastic
equipment supplier with a significant offering across all three technologies in
North America. We provide aftermarket service and support for our core plastic
equipment business and are expanding our capabilities in the co-injection market.
Our APPT segment has a diverse set of customers, including companies who serve
in the consumer goods, packaging, electronics, medical, automotive and construction
end markets. We believe our competitive strength in APPT is our ability to supply
and support our customers through the entire life cycle of their equipment usage
to deliver precision parts at the lowest cost for our customers.
Melt Delivery and Control Systems ("MDCS")
Our MDCS segment designs, manufactures and sells highly-engineered, technically
advanced hot runner and process control systems, mold bases and components,
and sells MRO supplies for plastic processing operations. Hot runner systems
are custom-designed for each product a customer manufactures on an injection
molding machine. Our MDCS segment derives substantially all of its sales from
recurring consumable products, parts and services. Hot runner systems are highly
customized and replaced frequently due to design changes and innovation in customers’
end products, driving a one to five year replacement cycle.
Our MDCS segment serves a diverse group of global customers across the entire
plastic processing value chain and manufacturing spectrum, including OEMs, molders
and mold makers, in consumer goods, electronics, automotive packaging, medical,
building supplies and packaging end markets. As injection molding processing
technologies and material requirements evolve, our MDCS business is committed
to partnering with its customers across the life cycle of a machine by leveraging
its industry knowledge and engineering expertise to develop technologies that
help its customers adapt and succeed.
Fluid Technologies ("Fluids")
Our Fluids segment is a global manufacturer of products that are used in a variety
of metalworking processes such as cutting, grinding, stamping and forming and
high speed machining. The technology we provide is used in diverse global end
markets such as aerospace, medical, automotive, industrial components and machinery,
bearings, munitions, packaging, job shops, and glass and mirror production.
We are an established market leader in synthetic and semi-synthetic metalworking
fluids and offer a full line of innovative metalworking products. Our fluid
technologies are essential to improving manufacturing operations by providing
more machine uptime, producing more parts of higher quality in a shorter time.
We sell fluids with advanced technologies that extend tool life, reduce coolant
usage and improve productivity in metal removal and metal forming operations.
Our fluids are often custom-designed to meet not only stringent performance,
health, safety and environmental requirements based on innovative technology,
but also for specific customer application and productivity needs.