AFTER realising huge sales from Asia, Engel Austria will continue this growth by doubling the capacity of its large-scale machine works in Shanghai. Engel has invested EUR 12 million in the extension of the Shanghai plant. The injection moulding machine builder and automation expert generated sales of over EUR100 million in Asia.
The company has also started expanding capacities in South Korea aside from the exports to Asia from Austrian plants. Worth EUR 8 million are being invested in the expansion of the production facility for small and medium-sized injection moulding machines in Pyungtaek City, South Korea, which is due for completion in spring 2013. The plant’s present output of 650 injection molding machines is to be increased to about 1,100 units.
With these capacity expansions, the company sees itself well equipped to handle the anticipated increase in order volume from the region. It estimates that more than 200 machines of the Engel duo series will leave the plant each year. (PRA)
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