German machinery sector sees substantial growth in 2016 – VDMA

Frankfurt, Germany – Continuing the “positive trend of the past few years”, German plastics and rubber machinery manufacturers saw substantial growth in sales in 2016, according to trade group VDMA.

“At 4%, growth is higher than the 2% originally anticipated,” said Ulrich Reifenhäuser, chairman of the VDMA Plastics and Rubber Machinery Association.

VDMA-2016-resultsThe association cited “excellent sentiment” at the K trade fair in October last year, saying the industry remains optimistic for the future.

German plastics and rubber machinery…

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