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

Top export markets for Italian machinery and molds

April 17, 2014 9:00 am ET

Top export markets for Italian machinery and molds    More

Negri Bossi's new owners may 'bring significant manufacturing' to US

April 16, 2014 1:09 pm ET

Italian plastics equipment major Negri Bossi may “bring significant manufacturing of injection molding machines back to the United...    More

Image

Polyair rebuilds from Sandy with help from Process Control

April 16, 2014 4:11 pm ET

Hurricane Sandy gutted Polyair Inter Pack Inc.'s Carlstadt, N.J., plant more than a year ago, and Brian Clawson won't soon forget the devastation.    More

JSW looks to improve equipment servicing in Europe through contract

April 15, 2014 11:09 am ET

Tokyo-based manufacturer of extruding machinery Japan Steel Works (JSW) has signed an agreement with a Dutch company to help it improve servicing on...    More

Image

US equipment firm buys Negri Bossi

April 14, 2014 1:58 pm ET

Italian plastics equipment major Sacmi Group's offerings are getting a U.S. identity. Sacmi has sold its plastics division to Kingsbury Corp., a machi...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Automotive Market Review and Outlook 2014 The Americas

This 75-page report features in-depth analysis of the automotive industry for the Americas. It includes discussions of market trends, legislative/regulatory activity impacting production and threats as well as design strategies being implemented by the major automakers. Detailed charts and data tables outline North American automotive production over the last five years.

Learn more

Plastics Building & Construction Market Review and Outlook 2014 with MS Excel chart data

This report provides in-depth analysis of the plastic building and construction market for North America, including discussions of trends, opportunities, threats and the latest developments in construction trends that impact plastics processors.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

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

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events