Canadian Plastics

Hasco to close U.S. manufacturing operations

Mold base and hot runner supplier Hasco America, Inc. has announced plans to phase out U.S. manufacturing operation...

August 11, 2008   Canadian Plastics

Mold base and hot runner supplier Hasco America, Inc. has announced plans to phase out U.S. manufacturing operations.

“Our parent organization has been engaged in a worldwide strategic review of operations,” said Heike Zimmermann, president of Hasco America. “As a result of this review, Hasco decided to concentrate its U.S. operations on distribution rather than domestic manufacturing.”

As a result, Hasco America will eliminate approximately 40 of its 50 positions at its Arden, N.C. manufacturing plant. The company will also close a small facility in Valencia, Calif.

“Obviously, we are disappointed about the need to reduce our U.S. workforce,” said Christoph Ehrlich, Hasco’s international CEO. “We remain committed to servicing a growing U.S. market for our products.”

Hasco Canada, the company’s Canadian operation, is located in Toronto.

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