Onex reports KraussMaffei and Jeld Wen results

By Bill Bregar
Senior Staff Reporter

Published: February 21, 2014 2:01 pm ET
Updated: February 21, 2014 2:09 pm ET

Related to this story

Topics Machinery
Companies & Associations KraussMaffei AG

TORONTO — KraussMaffei Group generated sales of $1.4 billion in 2013, according to the annual report from Onex Corp., the Toronto-based private equity company that owns the plastics machinery manufacturer.

KraussMaffei Group's cost of sales were $1.1 billion.

Onex bought Munich-based KraussMaffei Group in December 2012. The Onex annual report, released Feb. 20, did not include KraussMaffei's 2012 sales.

Onex's fiscal year ends Dec. 31.

Onex also reported results for Jeld-Wen Inc., the window and door fabricator in Klamath Falls, Ore. Jeld-Wen 2013 sales were $3.5 billion, a 9 percent increase from $3.2 billion in 2012. Cost of sales was $2.9 billion.

Onex also owns machinery maker Davis-Standard LLC, but the annual report did not include details about its sales.

 


Comments

Onex reports KraussMaffei and Jeld Wen results

By Bill Bregar
Senior Staff Reporter

Published: February 21, 2014 2:01 pm ET
Updated: February 21, 2014 2:09 pm ET

Post Your Comments


Back to story


More stories

Image

West Coast ports dispute impacts machinery imports

February 27, 2015 5:00 pm ET

Asian machinery companies got caught in the West Coast ports labor dispute — causing some headaches to get equipment ready for NPE 2015.    More

Image

Wittmann, Illig among machinery firms boosting investments in India

February 27, 2015 1:34 pm ET

GANDHINAGAR, INDIA — Expected growth in the Indian plastics market is leading several global machinery firms to make investments there,...    More

Image

NFM Welding Engineers opens direct office in China

February 26, 2015 2:05 pm ET

MASSILLON, OHIO — Extrusion equipment manufacturer NFM Welding Engineers Inc. has opened a sales office in Dalian, China.    More

Image

Amut buys Dolci and Bielloni

February 25, 2015 3:41 pm ET

Amut SpA, the Novara, Italy-based maker of extruders, thermoforming machines and plastics recycling equipment, has acquired the Italian company that...    More

Image

Extrusion equipment makers adapting to market demands

February 25, 2015 2:11 pm ET

Extrusion equipment suppliers strive to meet new needs of the marketplace. While they continue upgrading speed, output and quality, they're also offer...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion 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

Upcoming Plastics News Events

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

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

More Events