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Krupp boosts packaging machinery lineup.
Plastics News
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July 17, 2000|
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COPYRIGHT 2000 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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CHICAGO -- Krupp Kunststofftechnik GmbH of Essen, Germany, came to NPE 2000 with a new owner, new equipment, and an eye on several growing markets for its blow molding technology.
SIG Group of Neuhausen Rhine Falls, Switzerland, announced back on May 2 that it had purchased the machinery company from Thyssen Krupp AG for $178 million. SIG, with $1.3 billion in annual sales, specializes in -- among other things -- technology for packaging and processing foods such as confections and baked goods.
SIG saw Krupp as its ticket into the mushrooming PET bottle ...
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