Tuttlingen, Germany – Injection moulding machine maker DESMA expects to exceed sales of €80 million this year and aims to grow this figure to €100 million by 2017, its managing director Martin Schürmann has stated.
The upbeat report was based partly on the volume of new business being generated by the German supplier of machines for the production of technical rubber moulded parts.
This year, to date, DESMA had received orders from 46 new customers from 14 countries, Schürmann said. Employee numbers, he added, had also increased from 438 to 504.
The MD was commenting at a company open day in Tuttlingen, which attracted 330 international visitors from the moulded rubber parts industry.
“The order books of DESMA are full,” said the DESMA boss, adding that the company will be working to capacity limits at least until the second quarter of 2015.
Schürmann went on to highlight investment projects at DESMA, including the construction of new workplaces for 60 employees from the design, development, and customer service departments.
Other major projects include the move to a new factory building in Wuxi/China scheduled for early 2015, and the doubling of the company’s mould-design capacity in the US.