May 29 2007
Viking Plastics, a global supplier of injection-molded sealing solutions, assemblies and custom-engineered components for more than 35 years, recently invested in upgrading its production capabilities in order to better serve the automotive and HVAC markets.
Resulting from the company's ongoing capital reinvestment strategy, Viking purchased a Niigata 110-ton, all-electric injection molding press integrated with a high-speed picker and part diverter, which will be utilized to produce highly-engineered, automotive fuel and HVAC components.
Amongst numerous technological benefits, the new work-cell-based equipment enables production monitoring via Statistical Process Control (SPC), and automated identification and diversion of suspect components during manufacturing processes.
In August 2006, Viking Plastics was acquired by VPI Acquisition Corporation in order to both position the company for growth and increase capital; and this purchase reflects a continuing, proactive equipment conversion program at Viking that is central to its capital reinvestment plans.