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KraussMaffei and Toshiba to Jointly Develop Leading Edge Machinery for Plastics Processing

Feb 21 2008

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KraussMaffei (CEO Dr. Dietmar Straub) and Toshiba Machine Co., Ltd. (President Mr. Reiji Nakajima) have signed a cooperation agreement to develop leading edge machinery for plastics processing. Both companies have already started joint projects, first results of the cooperation are expected already in 2008.

The companies agree that with their complementary expertise in different market and technology segments Toshiba Machine and KraussMaffei will jointly develop innovative machinery meeting the requirements of customers in the 21st century. It is both companies’ intention to collaborate closely with each other and integrate the strengths of each company in various fields. This cooperation will enhance worldwide customer solutions by taking advantage of the acquired technologies and know-how.

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