Executives' sons take over Zhafir

By Bill Bregar
Senior Staff Reporter

Published: June 24, 2013 1:26 pm ET
Updated: June 24, 2013 10:15 pm ET

Image By: Haitian International From left: Steffen Franz, Helmar Franz, Mr. Zhang Jianming, Zhang Bin

Related to this story

Topics Machinery, K 2013

The sons of two top officials of Haitian International Holdings Ltd. have passed the reins to their sons to run the Chinese company's German press making operation, Zhafir Plastics Machinery GmbH.

Zhafir's new managing directors are Steffen Franz, son of Helmar Franz, who was Zhafir's CEO, and Zhang Bin, the son of Haitian International CEO Zhang Jianming.

Helmar Franz also is executive director and chief strategy officer of Haitian International, as well as a member of the board of directors of the plastics machinery manufacturer in Ningbo, China. He will retain those positions.

Zhafir has operations in Ebermannsdorf, Germany, and Ningbo.

Steffan Franz, in addition to his new role as a managing director, will continue as Zhafir's technical director.

Zhang Bin has earned an engineering degree at the University of Nottingham in the United Kingdom. His responsibilities in the new management team include strengthening the relationships between Zhafir Germany and Zhafir Ningbo, and with the head office of Haitian International.

Helmar Franz will remain a shareholder in the German company.


Comments

Executives' sons take over Zhafir

By Bill Bregar
Senior Staff Reporter

Published: June 24, 2013 1:26 pm ET
Updated: June 24, 2013 10:15 pm ET

Post Your Comments


Back to story


More stories

Image

The return of HPM's big presses

December 19, 2014 11:47 am ET

HPM is back in big injection molding machines.    More

Image

Auto, medical, packaging all lead to solid sales for compounding extruders

December 18, 2014 6:00 am ET

Compounding extruder sales tend to be cyclical, but machinery makers report another solid year — thanks to automotive, medical, food packaging...    More

Image

Milacron opening Mexico technical center, considers another in Brazil

December 16, 2014 12:58 pm ET

Milacron LLC plans to officially open a new technical center in Querétaro, 140 miles northwest of Mexico City, early in 2015, and the company is...    More

Image

Guangdong machinery maker adds another plant

December 15, 2014 6:00 am ET

TAIPEI, TAIWAN — Extrusion thermoforming equipment specialist Guangdong Designer Machinery Co. Ltd. plans to open a new 70,000-square-meter...    More

Image

Italian auxiliary company Moretto sets up a U.S. facility

December 12, 2014 1:09 pm ET

Italian auxiliary equipment manufacturer Moretto SpA has opened its first U.S. operation, in Columbus, Ohio, to handle sales, service and spare parts.    More

Market Reports

Flexible Packaging Trends in North America

Our latest RESEARCH report examines trends in FLEXIBLE PACKAGING impacting the North American market including a review of economic conditions, key drivers of growth, materials pricing, M&A activity, sustainability challenges and the outlook for 2015.

Learn more

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Upcoming Plastics News Events

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

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

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events