
Sumitomo and Demag together
The agreement signed at the beginning of February for the sale of Demag Plastics Group to the Japanese Sumitomo Heavy Industries, Ltd. will enter into force on March 3, 2008.
The agreement signed at the beginning of February for the sale of Demag Plastics Group to the Japanese Sumitomo Heavy Industries, Ltd. will enter into force on March 3, 2008.
KraussMaffei`s CEO - Dr. Dietmar Straub and Toshiba`s Machine Co., Ltd. - President Mr. Reiji Nakajima, have signed a cooperation agreement to develop leading edge machinery for plastics processing. Both companies have already started joint projects, first results of the cooperation are expected already in 2008.