A positive outlook on the global Plastic Injection Molding market – Jonas Persson, Rosti Group CEO
Even with the challenging economic conditions globally—from high energy costs, a potential recession, and rising inflation—I’m proud that our strong foundation, paired with cutting-edge technologies and plastic injection molding capabilities, offers a reliable and safe pair of hands for everyone.
Our commitment to our customers, our team, and our strategy ensures that we maintain a forward-thinking approach to investment, allowing us to continuously evolve while also demonstrating the strength of our business.
2023 has a lot in store for us at Rosti Group, with plans for a new clean room in Europe and investing in an additional Innovation Center in America.
This will benefit our current customers by enabling us to strengthen our collaboration and partnerships with them, while also supporting new customers with their injection molding and production challenges.
Successful integration of Rosti North America
It’s been just over a year since our acquisition in North America, and I’m pleased to say that Rosti North America has successfully integrated into the group.
Our customers in America are already seeing the benefits of partnering with Rosti Group, gaining access to engineering expertise both locally and globally. Plus, investment in the Innovation Center will introduce new rapid prototyping, cutting lead times from 4–5 weeks down to just 1–2 weeks.
We’re now truly a global company, delivering a wide range of benefits to current and potential customers across every continent. This has improved how we serve customers moving production to the US, as well as US customers considering European and Asian markets.
Beyond the global perspective, I believe that our plastic injection molding facilities within North America give us the strength in local markets to easily serve customers across all states.
Supply chain diversification
We’re seeing a growing trend of customers wanting to diversify their supply chains, which Rosti is able to support thanks to our global footprint.
A range of factors are driving production relocation, from political uncertainty, tariffs, and supply chain disruptions, to sustainability goals.
Localizing production closer to markets and customers reduces supply risks, while providing cost savings and environmental efficiencies.
Moving forward with our Investment Strategy
We’re accelerating our sustainability strategy and initiatives at all sites to ensure our plastic injection molding operations are as environmentally friendly as possible.
Reducing energy consumption is a top priority, since injection molding is electricity-intensive. This will help cut costs during times of high prices.
I’m proud to share that we developed over 20 green materials in 2022, which are now being offered to our customers. Replacing materials with green alternatives is a significant shift that will help businesses transform their sustainability credentials as they work toward a circular economy.
Despite challenging market conditions globally, Rosti Group continues to invest in both our people and capabilities, future-proofing our business, building a cost-efficient and stronger team to serve our existing and potential customers.
From cutting-edge technologies to developing the best talent, Rosti Group is perfectly positioned to keep leading in the injection molding market.
