KraussMaffei celebrating 45 years of success in the USA
Foundation of the American subsidiary in 1966 - High customer loyalty of products bearing the KraussMaffei and KraussMaffei Berstorff brands
(Munich, Florence, November 29, 2011) KraussMaffei celebrates its 45th anniversary in the USA. Since it was founded in 1966, the American subsidiary has become one of the leading manufacturers of plastics processing machines on the North American market. After a successful fiscal year in 2011, the subsidiary is looking forward with great confidence to NPE 2012.
From a pioneer to a market leader in the extrusion business
"We are very proud of the achievements and successes since our foundation in New York in 1966. With a workforce of 110 employees, we now very successfully support our customers - many of whom are long-standing - in all three technologies (Injection Molding Technology, Reaction Process Machinery and Extrusion Technology) and also enjoyed a very profitable year in 2011", stated Paul Caprio, who has held the post of President of the US subsidiary KrausMaffei Corporation since 2009. Market acceptance has risen rapidly since 1977 when the company opened a plant for extrusion systems in Wichita (Kansas) and promoted the sale of products on the American market. These products included, for example, single and twin screw extruders for machines and systems in the PE pipe and PVC pipe and profile market. "We are now the market leader with our extrusion products bearing the KraussMaffei Berstorff brand. We supply products to the leading manufacturers in the market and our customer base reads like a 'Who's who' in the U.S. plastic and rubber industry”, said Caprio with pride.
Development into a complete cross-industry supplier
KraussMaffei started to sell premium quality injection molding machines in the USA during the early 1980s. "In order to achieve our growth, we opened a new complex containing offices and a production plant in Florence (Kentucky) in 1986 and combined the overall company business in Injection Molding Technology, Reaction Process Machinery and Extrusion Technology at one location", explained Caprio. This proved to be a step in the right direction as KraussMaffei began growing the U.S. market in a substantial manner. Over the years, KraussMaffei has grown from a specialty machine supplier to a world-class technology and solution partner for many branches of industry, e.g. automotive, packaging, medical technology and electronics. "Our customers obtain complete production solutions (machines and automation) which are tailored to their needs. We help them to increase productivity along the entire value-adding chain", added Caprio.
Optimistic prospects for 2012
Using state-of-the-art machine technology under the KraussMaffei and KraussMaffei Berstorff brands, the company now helps a large number of American companies in different industries to manufacture premium quality products efficiently, thereby reducing manufacturing and product costs. "We are an efficient and reliable partner for our customers. Our great dedication to our customers by delivering world class technology and unmatched customer service has led to an extremely loyal customer base within North America. We look forward to present new products and new processes at NPE 2012 that will continue to make our customers the low cost producers for their respective fields", said Caprio.
About KraussMaffei
The KraussMaffei product brand is internationally recognized for its groundbreaking, multitechnology system and process solutions for injection and reaction molding technology and factory automation. With its standalone, modular or standardized machinery and systems, and a wide, customizable service offering, KraussMaffei is a full-system partner for customers in many industry sectors. KraussMaffei bundles many decades of engineering expertise in plastics machinery and is headquartered in Munich, Germany.
About KraussMaffei Group
The KraussMaffei Group is among the world’s leading suppliers of machinery and systems for producing and processing plastics and rubber. Its products and services cover the whole spectrum of injection and reaction molding and extrusion technology, giving the company a unique position in the industry. The KraussMaffei Group is innovation-powered, supplying its products, processes and services as standard or custom solutions which deliver sustained added value along the customer’s valueadding chain. The company markets it’s offering under the KraussMaffei, KraussMaffei Berstorff and Netstal brands to customers in the automotive, packaging, medical, construction, electrical, electronics and home appliance industries. Continuing a long tradition of engineering excellence, the international KraussMaffei Group currently employs around 4,000 people. With a global network of more than 30 subsidiaries and more than 10 production plants, supported by around 570 sales and service partners, the company is close to customers around the world.
KraussMaffei has been headquartered in Munich since 1838.
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