Leo Precision Invested USD 2 Million in Capacity Expansion
Leo Precision, a modest size tool room, located in Industrial hub of Silvassa India has completed first phase of Expansion with an Investment of USD 2 Million in the first phase and is planning to invest another USD 1 Million within next one year. These fresh investments have gone into capacity expansion to meet the growing global demand for Molds manufactured in India.
Leo Precision, which already had a strong hold in India and overseas market on PET Preform Molds, has also successfully ventured into design and manufacturing of 4 Station Single Stage Molds for PET Bottle Industry. There is a growing demand for Single stage Molds from all Quarters. In its quest to be a reliable Mold manufacturing partner to the Rigid Packaging Industry and to provide one stop solutions, Leo Precision also started manufacturing Caps and Closure Molds. It is offering includes Caps and Closure molds with simple bump-off ejection to more complex Flip Top cap molds with In-Mold closing option said Mr. Senthil Kumar founder of Leo Precision.
Years of expertise in making their own Hot Runner systems and multi-cavity molds, Leo is already leader in India and nearby markets in PET / PP Blood collection Tubes. Leo’s journey started in 2010 from a small workshop and today it has mold manufacturing set up spread across 150,000 sq ft of area and with over 250 employees. It is already operating over 50 + CNC machines and is ready to invest further to meet the ever-growing demands for its molds.
The company which started off making small spare parts for PET Molds from HUSKY, today offers complete cold halfs up to 144 cavities for HUSKY, SACMI, SIPA and Kraussmaffei PET systems. It specializes in offering weight change parts and neck change parts for the OEM molds at very cost effective rates. It has already become go to supplier for change parts for the PET Industry.
During last three years, Leo Precision expanded its expertise of making PET preform Molds to offer single stage molds for ASB machines. Within a short span of 3 years it has already started to design and manufacture 4 station single stage molds upto 24 Cavities. Today its range covers all major models of ISBM machines sold in the world. The special Micro pitch Molds, offer customer higher cavitation from the same machine and thus higher productivity said Mr. Amitabh Agarwal Executive Director, Leo Precison
Leo Precision has always believed that Quality and On time delivery are the two Key factors for the success in the Mold making Industry. The Molds are made using best available grades of material and thus delivering long lasting yet cost effective Molds. Leo precision is rapidly expanding. The fresh investments have not only gone into new capacity expansion, but also in upgrading the existing infrastructure for design and testing of the molds. Modern simulation tools are being used for Mold flow analysis and backed by full fledged in-house mold testing set up for all type of molds including Single stage machines.
Leo is planning to invest further USD 1 Million within a span of one year for further enhancement of the capacity. It has already set its eyes on increasing its market base and is aggressively hiring Industry experts from various fields in the Rigid Packaging space. Leo wants to be the No.1 go to the supplier in the Rigid Packaging space and is all set to claim its unique position and claiming to offer Profitable Packaging Solutions.
www.leopp.in
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