Florence, Ky. — KraussMaffei Corp. has created a new innovation center at its U.S. headquarters, a $3 million project designed to help the company help its customers.
The company, a subsidiary of KraussMaffei Group in Munich, renovated about 20,000 square feet of existing space. Work included a new inventory management control system and additional meeting space for customers.
"I would say it just gives us a better image to the market in professionalism and training for our customers in a world-class environment," said Paul Caprio, president of KraussMaffei Corp.
"We've become rather large in the Americas in terms of market share. I felt we needed to look better than we did. I think it was good, but I think it's better. It's a reflection of who we are. I think you have to look how you want the market to perceive you," he said.
The project took place between January and September and was on display at the company's recent open house for customers and suppliers.
That gathering attracted about 750 attendees and featured displays from 80 other firms showing off their products and services to the industry.
KraussMaffei undertook creation of the technology center during a time of strong growth for the company.