MOSCOW (MRC) -- Extrusion machinery maker Reifenhauser Group has started construction on a new 3,000-square-meter production and assembly hall at its headquarters in Troisdorf, Germany, said Canplastics.
Scheduled for completion by spring 2020, the Troisdorf-based family-owned company is investing almost 7 million euros in the new building, which will house its newly founded Reifenhauser Extrusion Systems (RES) business unit, which supplies components for what the company calls “demanding” extrusion applications.
“From 2020, we will be producing 300 flat dies for plastic extrusion in the new production hall every year,” Uwe Gaedike, managing director of Reifenhauser Extrusion Systems, said in a statement.
The statement also said that Reifenhauser will invest an additional 10 million euros over the next five years on production machines and intelligent processes, to create conditions for Industry 4.0-capable manufacturing.
In total, the statement said, Reifenhauser is planning to invest between 40 to 45 million euros for growth measures at its German sites and at its North American headquarters in Wichita, Kansas.
MRC