Elastomer injection moulding machine manufacturer MAPLAN is continuing to expand and has now begun construction of a new €20m production plant in Slovakia.
Work has started following a formal ground-breaking ceremony last week for the facility at a 30,000m site in the industrial park at Malacky in the west of the country. The supplier, based in Kottingbrunn, Austria, is building a 3,500m2 production hall and a 400m2 office block which are set to open in March 2018.
MAPLAN has already created 18 jobs in Slovakia and expects to add another 50 employees locally over the next couple of years with the start up of the Malacky operation.
The company, which has revealed healthy order books and record turnover worth €50m so far in 2017, also intends to begin production of its machines in China for the Asian market this September. Components and sub assemblies are already being produced for this in Europe, it said.
Only a year ago, the company inaugurated a production plant at its brand new group headquarters site in Kottingbrunn. It was formerly based nearby in Ternitz.
Since then, MAPLAN has reported a switch from individual manufacturing to line production in the new plant has enabled it to double annual production capacity to more than 500 machines and to reduce throughput times by 30%.
The company, owned by the Soulier family since 2012, has set itself the goal of achieving a €72m annual turnover within the next five years.
MAPLAN currently manufactures around 280 presses and injection machines per year with 99% of its output being exported to around 60 countries worldwide.