KM confirms Netstal move to Kentucky

Published: October 1, 2012 6:00 am ET

Related to this story

Topics Injection Molding, Machinery

FLORENCE, KY. (Oct. 1, 9:15 a.m. ET) — KraussMaffei Group has confirmed its plan to move Netstal Machinery Inc., the U.S. operation of Netstal-Maschinen AG, from Devens, Mass., to Florence.

Plastics News had reported the planned move on Sept. 21.

Netstal Machinery will move into KraussMaffei Corp.’s North American headquarters. Netstal has already moved its parts warehouse to Florence.

In an Oct. 1 news release, Paul Caprio, president of KraussMaffei Corp., said the company was certain the move would be to customers’ advantage, “since you will be able in future to select the right product for you from the right brand and the right service from our extensive range of products and services corresponding to your needs.”

KrausMaffei group said all three brands would continue to operate independently. Munich-based KM said there were no plans to reduce the number of sales, service and parts personnel as part of the move.


Comments

KM confirms Netstal move to Kentucky

Published: October 1, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Spain's ITC Packaging acquires Coveris rigids plant

July 31, 2014 9:59 am ET

International packaging group Coveris Holdings has sold its Spanish business Coveris Rigid Spain, including an injection molding plant, to the...    More

Image

North American robot sales set record

July 30, 2014 4:46 pm ET

The North American robotics sector is off to its fastest start ever, shattering last year's first-half record, with a first-half 2014 of 14,135...    More

Image

Tessy investing $10 million in new plant, infrastructure

July 30, 2014 4:57 pm ET

Tessy Plastics Corp. continues to buy factory buildings in upstate New York — acquiring a 112,000-square-foot former Honeywell building in...    More

Image

One51 adding injection molder Straight to its bin molding portfolio

July 29, 2014 10:12 am ET

Dublin-based One51 plc has had its purchase of British trash bin maker Straight plc cleared by the United Kingdom's Competition and Markets Authority.    More

Image

Gear pump maker Witte expands in Germany and USA

July 25, 2014 2:15 pm ET

Witte Pumps & Technology GmbH, the German maker of gear pumps for extrusion, has moved into a new headquarters factory in the Hamburg area, and the co...    More

Market Reports

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events