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REP Enjoys Successful Customer Open House, Introduces New Injection Press, Celebrates 10-Year Partnership with Tung Yu

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REP Corporation
8N470 Tameling Court
Bartlett, IL, 60103-8146
USA



Press release date: July 1, 2014

Corbas, France - On the occasion of the preview of its new V510 machine and the anniversary of its partnership with the Taiwanese company Tung Yu, Rep International hosted an Open House on June 17, 2014 at its headquarters in Corbas, near Lyon, France, resulting in a large number of customers coming together for the celebration.

REP, the world leader in molding machinery for rubber and TPEs, has successfully demonstrated its ability to adapt to different markets and serve all the needs of their customers, bringing many of them together at the world headquarters here to present the company’s latest achievements and investments. Synthesizing the strategic choices made by REP in recent years, REP President Bruno Tabar observed, "Each market has its own needs, sometimes even opposing. Our goal is to adapt our offering to each segment by providing innovative solutions, neglecting none of the individual market needs.” This includes further developing the range of high-tech molding machines ( REP Series G10) and modernizing production in Corbas to cope with a substantial increase of activity in the company’s core business, launching new product lines such as the micro-molding machine and the devulcanization equipment and developing industrial partnerships to access emerging markets, thanks to a complementary line of machines from our global partner, Tung Yu, the leading Taiwan builder of rubber molding and tiremaking machinery.

Visitors could see firsthand that the REP Group continues modernizing its production process at a steady pace by making major investments. The overall investment in the modernization of the plant in Corbas and in the product developments initiated represents almost EUR 4 million ($5.5 million). REP has invested in high-speed machining equipment: 2 flexible machining centers, compatible with each other in terms of tooling and programming to complement the existing capabilities. As a result, gains in responsiveness, productivity and operating costs are expected. It is worth repeating that REP G9 and G10 presses, which make up the overwhelming bulk of sales, are entirely "made in France" as was shown on the product documentation of each molding machine exhibited at the Open House.

Visitors were shown the entire range of REP molding machines in the G9/G10 high-tech range, as REP continues to actively renew their product range with the development of the V510/300T injection press, which is the second G10 model (the first one, the V710 /500T, was unveiled at K2013 in Düsseldorf). New technologies are embedded on the G10 machines with a goal to improve performance and yield, production data communication (predictive maintenance, 3G link and auto-tuning for optimization of settings) and human-machine ergonomics. This further includes the low working height, especially for the V710, the improved visibility of the molding area and a double screen on the operator interface. Energy efficiency has also been emphasized and was the subject of a technical presentation during the event. REP has improved each of the energy consumption sources on the machine: mold heating, injection unit heating and hydraulic power, while noting that cycle time is a major key directly linked to the energy required to produce one part.

Concerning the V510, which replaces the V59, it is important to note the increase of the clamping tonnage from 255 to 300T. The distance between columns is increased, as well, so that an operator can not only mount V59 molds, but may also fit larger square molds of 630x630mm into the press. A large number of specific custom-application machines developed for customers were also shown: dual-compound machines, stripping kits saving time by allowing hidden time demolding and rotary CMS machines with stations for operations including insert loading, molding, stripping etc.

In addition to launching the V510, the event gave REP the opportunity to explain to its customers its partnership approach with Tung Yu and to celebrate their 10-year collaboration. This partnership is built on two main principles: On one hand, REP ensures sales and after-sales service for Tung Yu compression presses, while on the other hand, shares manufacturing (partly in France, partly in Taiwan) of the RT9 basic molding machines. Shortly after the year 2000, as the industrial relocation to emerging countries accelerated sharply, REP chose the pursuit of this partnership. For a medium-sized capital-goods-producing firm in such a fluctuating business field, this was the best way to rapidly and safely set up a new offering, best-suited to local market conditions. This was achieved through the cooperation of a few close customers for Tung Yu, who as a leading manufacturer of compression presses with a strong presence in the Asian market was highly complementary to REP. As pointed out by Tung Yu’s President Chen Pin Yang in his speech on the evening of June 17th, "It was a real challenge for both our companies. Looking back through the history of us working together, it was nice but not always smooth sailing. A lot of dialogue and negotiations occurred between us and also internally in both our own companies, a natural situation. However, though our hard work, diligence and mutual understanding, we continue to move forward and achieve results beyond our expectations.”

Now, ten years later, the partnership has sold more than 1,000 machines, including over 400 RT9 injection molding machines. The overall result has been very positive and justifies the continuation of this type of global partnership.

The evening was highlighted with live music in a festive and convivial atmosphere. Undoubtedly, this interesting and productive Open House will benefit both companies.

For more information on this event, please contact:

Tim Graham
REP CORPORATION
8N470 Tameling Court
Bartlett, IL 60103
Phone: 847-697-7210
www.repinjection.com
tgraham@repcorp.com
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