Sumitomo (SHI) Demag Plastics Machinery GmbH from Germany, and its Chinese subsidiary Demag Plastics Machinery (Ningbo) Co. Ltd. are planning an expansion of their annual production capacity in China from 650 to 1,000 injection molding machines.
Sumitomo (SHI) Demag is investing about 7 million euros in the expansion of production capacity. Demag Plastics Machinery (Ningbo) Co. Ltd. is currently producing the Systec C machine series in Ningbo with a clamping force ranging from 500-10,000kN. In the future, further machine series from the Sumitomo (SHI) Demag product range shall be produced in China, says the company.
In addition, the export ratio of 25% shall be further increased. Besides the local processing enterprises, Demag Ningbo particularly supplies injection molding plants in Southeast Asia, in the Middle East and in Latin America.
Source: www.adsalecprj.com/Publicity/MarketNews/lang-eng/article-67007441/Article.aspx
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