Injection molding machinery supplier Wittmann Group has announced major expansion plans as it looks to set another record year in 2018.
In an event to celebrate 10 years since it acquired Battenfeld, the group unveiled its latest series of VPower machinery with improved clamping force, and the latest edition of fast-running series of EcoPower Xpress as well as improved MacroPower machinery with injection units.
The event, themed "power through integration," also had a live display of the company's latest Industry 4.0 advances — which it dubbed Wittmann 4.0 — designed according to to the principle of "plug & produce." The technology enables the software integration of the peripheral system with the injection molding machine.
Additionally, the Austrian company opened a new production hall at its Kottingbrunn headquarters to increase production capacity at the plant.
With the addition of the new hall, production floor space has increased by 2,200 square meters, explained Georg Tinschert, CEO of Wittmann Battenfeld GmbH.
Additional buildings are also to be constructed by the end of the year, which will create more office space and include a new technical lab for product development.
Presenting an overview of the company's expansion plans, Michael Wittmann, CEO of Wittmann Group, commented that several of the markets in which the company is present around the globe "are very active."
In Mexico, where the group has been since 1998, Wittmann is undergoing its fourth phase of expansion, with the facility now covering 3,000 square meters.
"I have to say that Mexico for us is the third most important market. We were a little bit concerned at the beginning of last year about our activities and business potential in Mexico, but honestly, so far we have seen a further uptick," Wittmann noted.
Similarly, in Italy, where politics have been unstable, the company has been going strong, due in part to a government initiative in Italy offering tax benefits to companies investing in Industry 4.0.
Wittmann expects to move into its own premises, from currently rented space in Milan, by October.
Spanning 2,000 square meters, the new site is very close to the company's current location in Milan.