The City of Ningbo Awards Demag Plastics Machinery (Ningbo)
Demag Plastics Machinery (Ningbo) Co., Ltd has received the Camellia Award. Introduced in 1996, the Camellia award is presented once a year by the city of Ningbo to non-domestic experts for their contribution to the city’s economic and social development.
Demag Plastics Machinery (Ningbo) has received this award for the first time. At the presentation ceremony, Stephan Greif, CEO of Demag Ningbo, thanked Deputy Mayor Wang Jian Hou, who presented the award as a representative of Ningbo City. According to Wang, Demag Ningbo contributed substantially to the consolidation and advancement of Ningbo’s local economy. A total of ten non-domestic experts with production sites in Ningbo were honored with the award.
Demag Plastics Machinery (Ningbo), has been producing high-performance injection molding machines for the Chinese and other Asian markets since 1998. The Chinese daughter company of the German-Japanese manufacturer Sumitomo (SHI) Demag has its own factory with a production area covering 11,000 m².
The company plans to expand the production capacity in Chinese Ningbo (Province Zhejiang). Sumitomo (SHI) Demag is investing around seven million Euros in the extension of production capacity. It is envisaged that the current annual production of around 650 will expand to 1,000 by the year 2015.
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