KraussMaffei expansion ahead of schedule
By Urethanes Technology International
Posted 2 August 2012
The extension of KraussMaffei Group’s production plant in Slovakia is proceeding faster than planned, and production in the second assembly hall will therefore commence at the end of 2012.
The company, which is rumoured to be for sale, announced the progress on the project on 31 July.
The German machinery company said the extension of its production plant in China is also going to plan. KraussMaffei is doubling its production capacities at both plants.
The 13,000m² (currently 6,600m²) plant in Sucany, Slovakia, which only came on stream in autumn 2010, will manufacture reaction processing and part trimming machines and systems, robots, and injection moulding machines.
“By extending our production capacities, we want to cater even more in future for the increasing demand for KraussMaffei electric machines”, said Hans Ulrich Golz, president of injection moulding machinery.
In China, the existing production area of 12 000m² will be increased to around 22 000m² by spring 2013. In addition to extending the existing production capacities for reaction process and extrusion machines and systems, the plant in Haiyan will also manufacture injection moulding machines for PET applications under the Netstal and KraussMaffei brands.
Bloomberg reported on 19 June that Madison Capital Partners is exploring the sale of KraussMaffei Group, the world’s largest manufacturer of plastics equipment. The report cited people familiar with the matter, which the global news service did not identify.
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