KraussMaffei Group driving company growth in China

krauss maffei group– Company continuing its successful expansion strategy in China in response to high demand
– Production capacity doubled at the plant in Haiyan 
(Munich/Shanghai, April 23, 2014) To celebrate the trade show Chinaplas 2014 in Shanghai (China), the KraussMaffei Group has officially inaugurated the second production hall at its manufacturing plant in Haiyan (China). Around 400 of its customers and business partners attended this event in Haiyan. As part of the expansion of the plant, the production space has been doubled and now covers 22,000 m2. By doing so the company is continuing its expansion strategy in China, where it sees considerable growth potential for its brands KraussMaffei, KraussMaffei Berstorff and Netstal.
Products manufactured locally to European standards
Expanding its plant in Haiyan shows that the KraussMaffei Group is responding early to the changing requirements of the market and thereby increasing its competitiveness. “By doubling our production capacity to 22,000 m2, we are accommodating the increasing demand from China and Asia for products that are manufactured locally yet drawing on our considerable European expertise and meeting our high standards of quality,” emphasizes Jan Siebert, CEO of the KraussMaffei Group. Following several years of successfully producing KraussMaffei Berstorff extrusion machinery and KraussMaffei reaction process machinery in China, KraussMaffei MX-series injection molding machines have been being produced in the expanded manufacturing plant since 2013 – with great success. To strengthen the local injection molding portfolio, Netstal has now opened a new Demonstration and Training Center, which is also available for customers to visit. It is home to a fully electric Netstal ELION machine with a clamping force of 2200 kilonewtons (kN), which is demonstrating sample production of PET blood collection tubes, and a complete PET-LINE system, which is acting as a demonstration machine for the beverage industry. “We are very well positioned in China with our three brands KraussMaffei, KraussMaffei Berstorff and Netstal. We are also continuing our expansion strategy by stepping up our marketing and service activities, which will drive company growth in China even more,” says Siebert.
About the KraussMaffei Group
The KraussMaffei Group is among the world’s leading suppliers of machinery and systems for producing and processing plastics and rubber. Its products and services cover the whole spectrum of injection and reaction molding and extrusion technology, giving the company a unique position in the industry. The KraussMaffei Group is innovation-powered, supplying its products, processes and services as standard or custom solutions which deliver sustained added value along the customer’s value-adding chain. The company markets it’s offering under the KraussMaffei, KraussMaffei Berstorff and Netstal brands to customers in the automotive, packaging, medical, construction, electrical, electronics and home appliance industries. Continuing a long tradition of engineering excellence, the international KraussMaffei Group currently employs around 4,000 people. With a global network of more than 30 subsidiaries and more than 10 production plants, supported by around 570 sales and service partners, the company is close to customers around the world. KraussMaffei has been headquartered in Munich since 1838.