FCS sees soaring revenue brought by strong demands for plastic injection molding machines
FCS Group, a pioneer in the plastic rubber industry, got rid of the operational haze brought by COVID-19 last year, and the shipment scheduling of high-margin models was tight. FCS is taking orders for up to 6 months, and it is expected that the revenue will reach a record high this year. In the future, with the advanced deployment of the new Hangzhou Bay plant in the Chinese mainland, which is expected to be put into production in 2023, it is expected to set a new record for the company's revenue over the years.
According to Alan Wang, CEO of FCS Group, with the gradual recovery of the global economy, investment exploded. Plastic injection molding machines widely used in various industries have seen strong demand. FCS shipments have soared to a new high for four consecutive seasons and its revenue and profit both increased significantly in the first half of this year, with the revenue reaching USD 77 million, with an annual increase of 86%, and profit hitting a new high in the same period of the past three years. The growth factors are, first of all, active efforts in refining market segmentation, developing into a manufacturing service system with higher added value, and striving to make in-depth and refined products. Because of this product strategy, multi-component injection molding machines and two-platen injection molding machines have occupied the highest market share in the transportation equipment industry.
In response to the future global layout planning of FCS, it has been ahead of the industry in deployment. Since 2019, it has built many overseas self-operated, and such extension effect becomes more obvious under the shackles of the pandemic, and the global supply chain of FCS has gradually been localized, said Alan Wang. Therefore, although the export of various countries is limited, the local economy can still create a new wave of growth opportunities.
It is important to focus on the development of the international market, but the plastic rubber industry equipment developed in response to the industrial trend is the top priority. Only industrial equipment with high functionality and high economic production capacity can continuously bring convenience to human life. Therefore, FCS Group pools wisdom and many years of industrial experience, and devotes itself to the research and development of injection molding technology, and develops towards large-scale, precision specialization, multi-component and multi-function, and vertical rotation axis, added Alan Wang.
As far as the Large Horizontal Rotary Table Two-Component Injection Molding Machine (HB-R series)
introduced by FCS Group is concerned, this product is aimed at producing two sets of opposite injection units for two-material products such as large household appliance shells and panels, automobile skylights, car lights, and corner windows, which are monochrome and two-color re-molding, and can be used for both purposes, meeting the market demand. In fact, the development of multi-component injection started with a two-component machine, and with the improvement of product complexity, there was a higher demand for multi-component machines. In addition, in terms of multi-component development, the realization of the movable function of the injection molding machine makes the multi-component injection molding machine have multiple functions and flexible production modes, and become an excellent choice for enterprises whose products tend to be diversified.
Photo/ Large Horizontal Rotary Table Two-Component Injection Molding Machine (HB-R Series) is suitable for large-scale home appliances and panels, automotive skylights, lights, corner windows and other two-component production.
Further reading：FCS Differentiated Strategy Builds Up A Team To Open Up A New Way