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MAAG Group Continues to Grow in China

Ginu Joseph by Ginu Joseph
June 10, 2023
in PRESS RELEASE, Features & Insights, Market Report, Product Launch
MAAG Group employees in Jiading/Shanghai, China.
👁️ Post Views: 141,981

MAAG Group Continues to Grow in China

The MAAG Group is further expanding its presence in China creating the prerequisites for continued growth in the People’s Republic. Particular focus is being placed on creating incremental production capacity and on the introduction of new products specifically for the Chinese market.

The internationally operating MAAG Group, headquartered in Oberglatt, Switzerland, has been stepping up its localization strategy in China since 2022 and currently has 103 employees. One recent example: the assembly shop at the site in Jiading, a district of Shanghai, has recently doubled in size.

“With this expansion, MAAG is now well positioned for the further expansion of its localization activities in China,” explains Ueli Thürig, President of the MAAG Group. “Made in China for China’ is one of the key strategies our company has been focusing on in recent years; more than 90 percent of the equipment assembled in our Shanghai plant is intended for the Chinese market.”

Expanding the market-specific product range

MAAG has already been producing GA series extrusion pumps, BAOLI strand pelletizers, and ZHULI underwater pelletizers in China. A similarly adapted version of the proven M-USG underwater strand pelletizing system will now expand the market-specific portfolio as the C-USG. The original German design will form the basis for this new version. While some key components will be supplied from Germany, the majority of parts will come from local production. The first C-USG systems will be delivered to customers at the end of 2023.

In addition, the added space will accommodate a new service center for the Maag/Ettlinger recycling filter to enable MAAG to serve local customers more quickly. MAAG is responding to the increased number of continuous melt filters installed across Asia.

MAAG Group production shop in Jiading/Shanghai, China

Further information on the Maag Group can be found at www.maag.com

 

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