ERJ staff report (LMH)
Rovereto, Italy -- Marangoni Retreading Systems Deutschland is to carry out significant investment following the approval of a 2012 investment plan at the end of January, which will provide for considerable capital spending on which the company will focus in the second half of the year.
The purpose of the investment is to double ringtread production capacity in Hamburg, the company said in a 7 March news release.
Marangoni said changes in the cold retreading market, and continuing efforts to achieve competitive advantages and greater benefits for customers, have led the Marangoni Group to invest around â‚¬2 million in the installation of a second Alpha Ring line, thus putting an end to the current economic uncertainty caused by market slowdown.
With the Alpha Ring technology, the entire ring moulding process is controlled by integrated software that manages every single phase: from extrusion of the raw rubber directly into the moulds, to building the finished ring, allowing a continuous cycle without operator intervention.
Marangoni said this optimises â€œthe quality of the finished product without increasing costs.â€
Matthias Leppert, managing director of Marangoni Retreading Systems Deutschland, commented, â€œWe started out by offering rings, then in 2004 the first Alpha Ring line was installed; this quickly reached saturation, hence the decision to invest in a second line.â€
He added, â€œThe second line will double ring production capacity: annual production will be around 4500 tonnes and this will allow us to serve and develop, from our site here, all German speaking markets, Scandinavia and Eastern Europe.â€
The investment will ensure the creation of an extremely modern plant, with potential for growth and the opportunity for the Hamburg site to play a key role in the Marangoni Group's strategy in Europe.
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Press release from Marangoni