Krauss Maffei is a leading manufacturer of plastics processing machinery and systems. The German company offers a wide range of hydraulic and electric injection molding machines, extrusion equipment, and reaction process machinery. With a global presence, Krauss Maffei serves customers across various industries, including automotive, packaging, medical, and consumer goods. The company is known for its innovative technologies, such as its BluePower servo-hydraulic energy-saving system and its FiberForm continuous fiber-reinforced thermoplastic composite technology. Krauss Maffei is part of the Chinese chemicals giant ChemChina, which acquired the company in 2016.
Recently they decided to cut cost in order to increase efficiency, including cutting off staffs. In global market, Krasss Maffei is one of the highest end with high price positioning in the market. When the market becomes cold for the manufacturing industry, the high end player feels colder.
