European machine tool giants set the Chinese road map in full swing

Nicola Leibinger-Kammuller, chairman of TRUMPF Group, the largest sheet metal processing, laser application and medical device manufacturer in Europe, said that “the future will increase investment in China”, but the details are rejected on the grounds that it has not yet been determined. From the national 12-five development plan for the machine tool industry announced by the state, it is estimated that by 2015, China's machine tool industry will achieve a total industrial output value of 800 billion yuan, and the annual output of CNC machine tools will exceed 250,000 units, and the domestic market share will reach 70% or more. . The huge gap in the Chinese market has once again allowed the old European companies that had already opened the door to China to smell business opportunities again. Horst W. Garbrecht, chairman of the board of power tools manufacturer in Germany, founded in 1924, said that the company will expand its subsidiaries in Shanghai. “Subsidiaries will radiate throughout Asia, in addition to product development and manufacturing. Responsible for settlement directly with customers located in Asia. In fact, in addition to metabo, European companies including TRUMPF, EMAG, INDEX, GF, etc. have also set a clear "China Roadmap". Prior to this, Luo Baihui, chief information officer of Jinmo Machine Tool Network, revealed that Tongfa Group, which is accelerating its entry into China by swallowing, has completed the acquisition of Jiangsu Jinfangyuan CNC Machine Tool Co., Ltd., but in an interview with the author, the director of TRUMPF Group Long did not respond positively. But it confirms that the company is currently negotiating with a Chinese machine tool company.

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