FRIEDRICHSHAFEN, Germany (Oct. 18, 2012)—Officials of German injection molding machinery group Arburg GmbH & Co. K.G. expect 2012 sales will be similar to the 2011 figure of $609 million, although they hesitated to predict sales for next year.
“We are more than satisfied with the business trend for 2012 so far,” said Managing Director Michael Hehl, at a news conference Oct. 16, the first day of the Fakuma 2012 exhibition in Friedrichshafen.
Hehl and other company officials said during a question and answer session that Arburg's total number of machines sold in 2012 will be lower than in 2011, but this will be counterbalanced by an improvement in the value of the machines sold vs. last year.
The consolidated turnover figure includes Arburg in Lossburg, Germany, and other small subsidiaries.
Arburg has increased employment by 2 percent this year, to a total of 2,220, Hehl said. About 1,840 of those work in Germany.
David Eldridge is editor of European Plastics News