KraussMaffei closing component machining plant in Treuchtlingen, Germany

By Bill Bregar
Senior Staff Reporter

Published: November 12, 2013 6:29 pm ET
Updated: November 12, 2013 6:30 pm ET

Related to this story

Topics Machinery
Companies & Associations KraussMaffei AG

KraussMaffei Group is closing as machining plant in Treuchtlingen, Germany, that produces components for small- to mid-sized injection molding machines and extruders, KM announced Nov. 12.

KraussMaffei will move the operation to its headquarters factory in Munich, Germany, and a plant in Sucany, Slovakia.

CEO Jan Siebert said KraussMaffei is making the move to increase its international competitiveness. Some workers at Treuchtlingen will be offered jobs at the plant in Munich, about 150 kilometers south of the town. KM executives will discuss details of the shutdown with the union works council in the coming weeks.

A machinery industry source said about 150 people work at the Treuchtlingen components factory. Closing the plant probably will take some time, as the union is now planning its reaction to the announcement, and local politicians are fighting to keep the plant open, the source said.

KraussMaffei Group, which makes machines under the KM, Netstal and Berstorff nameplates, is owned by Canadian private equity company Onex Corp.

In September, KraussMaffei officials announced that KM was discontinuing all machining operations at the Swiss plant of Netstal-Maschinen AG. The Näfels factory will remain open to do final assembly of injection presses from pre-assembled components made at other KM factories.

KraussMaffei has been steadily expanding its Slovakia factory.

 


Comments

KraussMaffei closing component machining plant in Treuchtlingen, Germany

By Bill Bregar
Senior Staff Reporter

Published: November 12, 2013 6:29 pm ET
Updated: November 12, 2013 6:30 pm ET

Post Your Comments


Back to story


More stories

Image

Audacious vandal stuns Taipei Plas

September 29, 2014 4:59 pm ET

Melodrama erupted at the traditionally tranquil Taipei Plas trade show on Sept. 28 when a mysterious intruder flung red paint at the Baumüller...    More

Image

Shini pushes into western China

September 29, 2014 4:28 pm ET

Despite intellectual-property brigands, Taiwan's Shini Plastics Technologies Inc. is zestfully pursuing the enormous Chinese market for plastics...    More

Image

India changes its mind, again: PlastIndia will be in Gujarat

September 27, 2014 1:37 pm ET

TAIPEI, TAIWAN — Less than five months before the opening of India's largest plastics show, PlastIndia, its organizers have decided —...    More

Image

Global giant Foxconn to make, sell molding machines

September 26, 2014 2:48 pm ET

For years, Taiwan's Foxconn Technology Group has been the world's largest contract manufacturer for electronics, with more than 1 million employees...    More

Plastics Machinery Group now offering injection presses

September 26, 2014 10:46 am ET

Solon, Ohio-based Plastics Machinery Group is expanding its machinery offerings by adding injection molding machines to its inventory and adding a ded...    More

Market Reports

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 industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

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

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

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