Corporate press releases

KraussMaffei Group celebrates its 175th birthday
- The mechanical engineering firm was established on 20 March 1838
- Today, the company is a global leader in the plastics and rubber industry

(Munich, March 20, 2013) On this day, the KraussMaffei Group was born 175 years ago. Domiciled in Munich since 1838, the company has a strong tradition in international mechanical engineering. Since 1999/2000, the KraussMaffei Group has exclusively manufactured machines and systems for the production and processing of plastics and rubber. The acknowledged high quality of the products manufactured by KraussMaffei, KraussMaffei Berstorff and Netstal brands, combined with a flair for innovative ideas, make the KraussMaffei Group what it is today: a global leader in the plastics and rubber industry.

High product quality and technical expertise

"The KraussMaffei Group with its 4,000 employees can proudly look back on the 175 years of its existence. That is because the company has over this long period succeeded in maintaining a leading international position as an innovative mechanical engineering firm in its various fields of activity. Today, we still enjoy a position of leadership in the global market as a manufacturer in the plastics and rubber industry. I would like to thank all employees who have played a great part in the company's development", said Jan Siebert, Chief Executive Officer (CEO) of KraussMaffei Group GmbH. Today, the company enjoys a strong reputation within the industry for the high quality and performance of the machines and systems from its three brands KraussMaffei, KraussMaffei Berstorff and Netstal. "We are also renowned for our high level of expertise in technology, processes and applications. That makes us the most valued partner worldwide at the side of our customers. Add to this the high level of motivation and the passionate commitment of our employees, as well as our sheer drive and determination to always find the best possible solutions for our customers. All of these goals are encapsulated in our motto: 'Great Passion. Proven Value. Unique Excellence!'", Siebert said.

Delivering solutions for current trends

The KraussMaffei Group is well-equipped to meet the challenges of the future. The company aims to strengthen its business activity in its core markets by providing customer support throughout the value-adding chain and by offering added value, such as maximizing the use of resources by reducing consumption of materials and energy or increasing efficiency in the production process through the use for instance of automation solutions. The KraussMaffei Group also aims to step up its presence in growth markets, and particularly in BRIC countries." The company has always been a driver of innovation. We consider this to be our duty, particularly given that the 'K 2013', the world's largest plastics fair, will be held in Düsseldorf (Germany) in October of this year. As a technology leader, we will use the K 2013 to showcase our premium quality products and high end processes for global market trends. We will also use this occasion to mark the 175th anniversary of our company. The KraussMaffei Group, with its high quality products and services portfolio as well as its innovation and solution skills, is strongly positioned to meet the challenges that lie ahead to the benefit and advantage of our customers", Siebert declares.