TPT July 2014

Industry News

KraussMaffei driving company growth in China TO celebrate the trade show Chinaplas 2014 in Shanghai, China, the KraussMaffei Group has inaugurated the second production hall at its manufacturing plant in Haiyan, China. Around 400 customers and business partners attended the event. As part of the expansion of the plant, the production space has been doubled and now covers 22,000m 2 . This continues the company’s expansion strategy in China, where it sees considerable growth potential for its KraussMaffei, KraussMaffei Berstorff and Netstal brands. “By doubling our production capacity to 22,000m 2 , 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,” commented Jan Siebert, CEO of the KraussMaffei Group. Following several years of successfully producing KraussMaffei Berstorff extrusionmachinery andKraussMaffei reaction process machinery in China, KraussMaffei MX- series injection moulding machines have been produced in the expanded manufacturing plant since 2013. To strengthen the local injection moulding portfolio, Netstal has opened a new demonstration and training centre, which is also available for customers to visit. It is home to a fully electric Netstal Elion machine with a clamping force of 2,200kN. KraussMaffei Group – Germany Website: www.kraussmaffeigroup.com Changes on the SMS board DR Joachim Schönbeck, longstanding CEO of SMS Meer GmbH and, since July 2013, spokesman of the managing board of SMS Holding GmbH, left the SMS Group on 31 March 2014. His successor as spokesman of the board of management of SMS Holding is Burkhard Dahmen, chairman of the managing board of SMS Siemag AG. Marcel Fasswald, managing director of SMS India, has been appointed a further member of the managing board of SMS Meer GmbH as of 1 April. Dr Heinrich Weiss, president of the supervisory board of SMSHolding, said, “I wish to thank Dr Schönbeck for his successful work and commitment to the SMS group and for his many years of loyal cooperation. I am sorry to see him go and at the same time pleased that he will continue to support us in a consulting role.”

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