Plastics News Daily Report - May 9, 2018 - 14

14 ‹ PLASTICS NEWS DAILY REPORT ‹ May 9, 2018

Borch delays US investment over tariff uncertainty
Chinese injection press maker
Guangzhou Borch Machinery Co.
Ltd. said it remains committed to
the U.S. market, but it is delaying
plans to invest $6 million in a new
U.S. headquarters, amid uncertainty over potential U.S. tariffs on
plastics equipment from China.
In February, Borch said it was
building a new U.S. headquarters
in Ontario, Calif., but in an interview at NPE2018, company executives said the Trump administration's proposed 25 percent tariffs
on Chinese-made plastics equipment were a concern.
Chairman Zhu Kangjian and
Hans Chen, president of the company's U.S. subsidiary, both made
clear the company remains committed to the U.S. market and sees
a lot of opportunities for its machinery, like its highly automated
product systems and its development of cloud-based Industry 4.0
technology.
But as far as the investment in
the new headquarters, they said
they wanted to wait, at least temporarily, until the fog clears on
the tariff and the trade situation
between the U.S. and Chinese governments.
At NPE2018, the Guangzhou,
China-based company was showing two molding machines: a
two-platen model BU800 making

Plastics News photo by Michael A. Marcotte

By Steve Toloken
Plastics News Staff

From left, Emily Ma, overseas business department director, Zhu Kangjian, chairman, Hans Chen, president,
of Borch North America.

BOOTH S35001
GUANGZHOU BORCH
MACHINERY CO. LTD.
polypropylene foldable crate
parts and a BS260-III series model
with servos.
The company is focusing on its

ability to make automated production systems, with robots and
peripherals, and use cloud-based
technologies for data-sharing.
It believes those technologies,
as well as a focus on larger machines, are helping it in the U.S.
market. In February, Chen told
Plastics News the company sold
100 machines in the U.S. last year

and was looking for 50 percent
growth in 2018 and expansion of
its product line in the U.S.
Zhu said Borch is leading China's efforts to develop Industry 4.0
protocols for plastics machinery,
and he's spoken on the topic at
plastics industry events in China.
The company, which is one of
China's largest injection molding

companies, has been investing in
technology upgrades at its Chinese factories to produce machines with 4.0 technology.
He said those efforts, including
the country's Made in China 2025
program, are motivated by the Chinese manufacturing industry's realization that it cannot rely on lowcost labor and needs to upgrade.
Zhu is a past chairman of the
China Plastics Machinery Industry
Association and remains on the
group's board of directors.
He declined to discuss specific
options the company would consider to deal with tariffs, but he
said he believed the two governments would ultimately negotiate
a settlement and avoid a trade war.
In early April, the Trump administration threatened to impose
tariffs on a broad range of Chinese
goods, including 25 percent tariffs
against many types of plastics machinery.
But Zhu said he believes the
tariffs would ultimately hurt U.S.
injection molding companies because the United States does not
have a large domestic industry
making injection molding machines.
As a result, putting tariffs on
Chinese machinery will increase
the prices the American plastics
processing industry ultimately
pays for its equipment, making the
U.S. molding industry less competitive globally, he said.

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