Synventive Expands Production Capacity in China

| December 19, 2017

(Synventive, Suzhou, December 19, 2017) Synventive, a business of Barnes Molding Solutions, has completed an expansion project of its facility in Suzhou, Jiangsu Province, China, enhancing its production capacity for advanced hot runner systems.  Synventive is a global leader in manufacturing of hot runner systems, components, and valve gate control technologies.  The upgraded and expanded facilities enable Synventive to meet growing demand for molding solutions in the Asia Pacific market and support the development of Barnes Molding Solutions.

Synventive’s plant expansion is part of Barnes Group’s efforts to accelerate development of its molding business in the Asian market.  In 2015, Barnes Group established the new Barnes Molding Solutions strategic business unit, which presently consists of subsidiary companies Synventive, Männer, FOBOHA, Thermoplay, Priamus, and Gammaflux.

The new facility is adjacent to Synventive’s Suzhou plant, established in 2005 and located in Suzhou Industrial Park.  Synventive’s capacity at its Suzhou site will increase significantly to meet the rapid growth in demand.

Synventive has reorganized the production and equipment layout of its two existing plants in Suzhou as well as optimized the material, information, and walk flow at the site, resulting in reduced production cycles and faster product delivery.  Through increased space and additional injection molding machines and testing equipment, Synventive has also significantly enhanced its R&D capability in China as a part of the project.

The new facility also enables localized manufacturing of products under Barnes Molding Solutions’ brands, Thermoplay and Gammaflux, helping the company provide comprehensive solutions and services for its Asia Pacific customers.

In support of the global trend of energy efficiency and savings, the new plant incorporated green materials into the expansion of its office and production space.  Support facilities and features such as the cafeteria, locker room, elevators, and lighting fixtures were also renovated, significantly improving employee satisfaction.

“Our new facilities and equipment will undoubtedly sharpen our competitiveness,” said John Jofre, President of Synventive Asia.  “This expansion project demonstrates the strong commitment of Barnes Molding Solutions to the Chinese market.  We look forward to leveraging our expanded capacity to achieve even better sales results in the near future.”

About Synventive
Synventive Molding Solutions, a business of Barnes Group Inc. (NYSE: B), is one of the world’s leading manufacturers of hot runner systems and components for injection molded plastic parts.  Since the 1970’s, Synventive has served thousands of customers in the automotive, electronic, medical, consumer, industrial and packaging markets.

Synventive has manufacturing facilities in North America, Europe and Asia, each with its own research and development, manufacturing and design departments. North America is served by the company’s Peabody, Massachusetts site. Europe is served by the company’s facility in Bensheim, Germany, while Asia is served from Suzhou, People’s Republic of China. Additionally, the company has sales and service representatives in 26 countries. For more information, please visit www.synventive.com.

About Barnes Group Inc.
Barnes Group Inc. (NYSE: B) is a global provider of highly engineered products, differentiated industrial technologies, and innovative solutions, serving a wide range of end markets and customers. Its specialized products and services are used in far-reaching applications including aerospace, transportation, manufacturing, healthcare, and packaging. Barnes Group’s skilled and dedicated employees around the globe are committed to the highest performance standards and achieving consistent, sustainable profitable growth. For more information, please visit www.BGInc.com.

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