Moldflow and Yudo Launch Manufacturing Operations

Moldflow Corporation and Yudo Company, Ltd., have finalized the agreement to expand their relationship in order to allow Yudo to manufacture Moldflow’s Altanium® hot runner process control products for sale in China. Moldflow a provider of automation and optimization software for the plastics injection molding industry and Yudo a supplier of hot runner systems, will work together to meet growing demand for technologically advanced shop floor manufacturing solutions. Altanium is Moldflow’s modular, small footprint hot runner process control system that supports up to 384 zones.

Yudo currently distributes Moldflow’s Altanium products worldwide on an OEM basis in connection with the sale of their own products. In conjunction with the signing of the manufacturing agreement, Yudo placed an initial order for component parts totaling more than $600,000, of which a significant amount will ship this quarter. This order will provide Yudo with a variety of Altanium platforms from which to begin the start-up phase of the manufacturing program.

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