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Krauss Maffei celebrates its 50th anniversary

News International-French

1 Jun 2016

The US subsidiary of the KraussMaffei Group with headquarters in Florence, Kentucky, celebrated its 50th anniversary with more than 400 customers. The company has grown continuously since it was founded in 1966 and has established itself an important provider of machinery for plastics and rubber processing in the North American market.

It currently represents the three brands: KraussMaffei, KraussMaffei Berstorff and Netstal. Following a successful financial year in 2015, Krauss-Maffei Corporation expects further growth in 2016.

"We are very proud of what we have achieved and of our success since the company was founded in New York in 1966. With over 200 employees, we are providing support to our customers in all three technologies – injection molding, reaction process and extrusion technology. The 2015 financial year was very successful for all three brands and we are also expecting great results in 2016," said Paul Caprio, who has headed Krauss-Maffei Corporation since 2009.

The North American automotive sector is a particularly important growth engine. In lightweight design for example, customers of the brand KraussMaffei can benefit from groundbreaking solutions for manufacturing fiber-reinforced plastic components based on both thermoset and thermoplastic matrix systems. Thanks to the wide-ranging expertise in the areas of reaction and injection molding technology, KraussMaffei provides technologies and systems from a single source as the leading provider on the market.

The decision of many US companies not to relocate their production to low-wage countries has also accelerated growth. This trend is also reflected in the current order situation of Krauss-Maffei Corporation – approximately 30 percent of the incoming orders come from US customers.

The construction industry and the bulk chemical sector are Krauss-Maffei Corporation's third pillar of growth. In these areas, extrusion technology system solutions are particularly in demand, especially for the production of roofing sheets, foamed insulation panels as well as pipes and profiles. In the field of compounding, the twin-screw extruders of KraussMaffei Berstorff's new, energy-efficient ZE Blue Power series have impressed many.

Krauss-Maffei Corporation was founded in New York in 1966. Its market acceptance rose rapidly beginning in 1977 when the company opened an extrusion systems plant in Wichita, Kansas, and accelerated the sale of products on the US market. This included single and twin-screw extruders for machines and systems in pipe extrusion (polyolefin and PVC) and profile extrusion.

The 50th anniversary open house celebration was held May 18 to 19, 2016, with a turnout of over 400 at the company’s US headquarters in Florence, Kentucky. The event showcased a wide range of trendsetting applications with live demonstrations of injection molding, extrusion and reaction process machinery, including a Netstal injection compression molding cell and the new ZE 65 Blue Power twin screw extruder. The open house also featured 50 table top displays highlighting additional technology and service offerings from partners, as well as over 20 educational technical paper presentations covering the latest productivity enhancements for customers.

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