Sumitomo (SHI) Demag Plastics Machinery GmbH
The company's CFO has been promoted to CEO while the machinery maker creates a new chief sales officer post.
The planned generational transition is underway with new managers to be announced this summer.
With sales falling 128 million euros, the machine builder accelerates its plan to roll out all-electric presses to every market.
The partnership will help Beacon's customers "deliver new products to the market on time and on budget and to ensure that there's adequate capacity" said Michael McGee, president of Beacon MedTech.
Officials of the injection molding machine builder say medical and packaging markets comprise about two-thirds of sales and the electronics market has picked up.
Debut of automation products part of strategy to provide technology engineered specifically for the company's injection molding machines.
The month after K 2019, Sumitomo Demag will begin to produce all-electric IntElect injection presses at its plant in Chiba, Japan.
Sumitomo (SHI) Demag Plastics Machinery GmbH has intensified its application and process engineering capabilities as well with the appointment of Thorsten Thümen.
Sumitomo (SHI) Demag Plastics Machinery North America Inc. is moving into a 74,000-square-foot facility in Suwanee, Ga., a suburb of Atlanta, as phase one of its U.S. expansion plan.
Leaders of Sumitomo (SHI) Demag Plastics Machinery GmbH said its high-speed IntElect all-electric injection presses are getting even faster, with the introduction of the IntElect S at Fakuma.
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