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

Asia continues driving sales for Engel

October 21, 2014 2:42 pm ET

The number seven seems to be special for European plastics machinery makers at the moment — injection press giant Engel Holding GmbH said Oct....    More

Image

Trexel charges patent infringement against Taiwan company

October 20, 2014 3:25 pm ET

Trexel Inc., the supplier of the MuCell microcellular foaming technology, is accusing a Taiwanese company, Chuan Lih Fa Machinery Works, of violating ...    More

Image

Humanoid robot provides inspection service with a smile

October 17, 2014 6:00 am ET

Everyone knows robots can improve production and quality. But no one says they can't show a little personality while they're working.    More

Image

Arburg starts taking orders for Freeformer

October 15, 2014 12:52 pm ET

FRIEDRICHSHAFEN, GERMANY — For fans of 3-D printing, Fakuma 2014 marks an important date: Arburg is taking German orders for the Freeformer.    More

Image

Taiwan's machinery makers look to speed development of all-electrics

October 15, 2014 11:25 am ET

Taiwan's large plastics machinery industry faces a challenge — less than 10 percent of its equipment uses the more eco-friendly all-electric tec...    More

Market Reports

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

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

More Events