KraussMaffei Group reports revenue increase
KraussMaffei Group, Munich, reported its revenue grew 8 percent in 2017, to about $1.69 billion. It saw new orders grow by 6 percent. For 2018, the company plans to make capital investments of about $82 million, an 81 percent increase over 2017.
KraussMaffei is a manufacturer of machinery and systems for the production and processing of plastics.