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12-01-2011

KraussMaffei: 45 Years of Success in the USA

Paul Caprio, President of the US subsidiary KrausMaffei Corporation

Paul Caprio, President of the US subsidiary KrausMaffei Corporation

KraussMaffei Technologies GmbH, Munich, Germany, celebrates its 45th anniversary in the USA. Since it was founded in 1966, the American subsidiary has become one of the leading manufacturers of plastics processing machines on the North American market.

"We are very proud of the achievements and successes since our foundation in New York in 1966. With a workforce of 110 employees, we now very successfully support our customers in all three technologies (injection molding technology, reaction process machinery and extrusion technology) and also enjoyed a very profitable year in 2011", stated Paul Caprio, who has held the post of President of the US subsidiary KrausMaffei Corporation since 2009. Market acceptance has risen rapidly since 1977 when the company opened a plant for extrusion systems in Wichita (Kansas) and promoted the sale of products on the American market. According to Caprio, the company is now the market leader with its extrusion products bearing the KraussMaffei Berstorff brand.

KraussMaffei started to sell premium quality injection molding machines in the USA during the early 1980s. Over the years, the subsidiary has grown from a specialty machine supplier to a world-class technology and solution partner for many branches of industry, e.g. automotive, packaging, medical technology and electronics.

After a successful fiscal year in 2011, KraussMaffei is looking forward with great confidence to NPE 2012.

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