NGR Remains on a Growth Course
Following a very good 2010/11 financial year, Next Generation Recyclingmaschnen GmbH (NGR), Feldkirchen, Austria, was also able to achieve its ambitious targets for the expired 2011/12 financial year and increase its sales revenues from EUR 19 to 24 million. The economic success of the past financial year permits the more rapid expansion of the company. NGR is to focus its efforts on the further strengthening of customer support, an increased global market presence and the further development of company processes and products.
The worldwide demand for plastics recycling machines is rising faster than the growth rate of the global economy. Against this background, NGR was able to further consolidate its position in the market through the expansion of its machine series, an increased market presence and not least, the enhancement of employee skills.
Apart from the European test centre in Feldkirchen, a strong impulse for the NAFTA economic region was generated by the opening of a second such centre in Norcross, Georgia, USA in June 2011.
The principle of One Step recycling technology was subjected to a re-engineering and value analysis process and thus further developed. In addition to the development of universally employable machines, new series facilitated the penetration of additional market segments.
Would you like to subscribe to our Newsletters on plastics technology and profit from the latest information?
Patents encourage innovation: Stay on the ball with the latest innovations in the plastics industry in our patents section.