(K-Interview) WITTMANN plans to invest cautiously as production capacity in China reaches limit
Jonathan Ching, managing director and general manager of Wittmann Battenfeld (Shanghai) Co., Ltd., told Adsale Plastics Network (AdsaleCPRJ.com) in an interview on the second day of K 2022 (Oct 20) that Wittmann has invested in energy-saving technology since a few years ago. The DC drive mentioned earlier, multi-component integrated molding, foam molding, automatic silicone injection molding, etc., can help customers improve production efficiency and reduce energy consumption.
Thanks to the early investment in energy-saving technology, the performance of WITTMANN Group has maintained steady growth in recent years. The WITTMANN Group achieved sales of 376 million euros in fiscal year 2021, which is the third highest in its corporate history. The performance of the company in China is also good. Last year, the production capacity in China reached the limit, and the group is planning to invest cautiously.