Fit4Future measures in China
KHS GmbH, an internationally manufacturer of packaging and filling systems, is divesting itself of its 70 percent majority holding in the Chinese joint venture Guangdong Light Industry Machinery No. 2 Plant Co., Ltd (GLM2). The shares, which were purchased in 2006, will be sold back to the minority shareholders. Spare parts and service for machines, lines and systems from the GLM2 joint venture will continue to be provided by GLM2. In future, KHS intends to have certain system parts for glass lines in the low and medium capacity range manufactured under contract at GLM2. According to KHS, the production facility which was set up at the same time in the Indian city of Ahmedabad with an area of 25 000 m² serves the Asian market very successfully and profitably..
However, the company still intends to expand its activities in China. A production plant for line business is currently being commissioned for the Salzgitter Group in the Chinese city of Suzhou. Machines from the new ECOBloc range will be built here especially for regional requirements in the PET sector under the management of KHS Corpoplast. The optimization of the production network which, in addition to the plants in Germany, is made up of manufacturing plants in Brazil, USA, Mexico and India, is part of the Fit4Future program that has already been introduced. The program is supposed to lead to a reduction in complexity and contribute to a further improvement in KHS’ results.
Source
BRAUWELT International 2012