Orders from China, top tire makers buoy VMI

Haaksbergen, The Netherlands – Dutch tire and rubber machinery maker VMI is on track for strong growth this year, parent TKH Group reported in a first-half results statement.

VMI is a key part of Haaksbergen-based TKH’s Industrial Solutions segment, which also supplies speciailty cable and plug-and-play cable systems for sectors including robotics, medical and machine-building .

In the first six months, turnover in this segment increased by 9.2% to €319.0 million, said the 15 Aug report. Earnings (EBITA) lifted 24.6% to €40.9 million on higher turnover and…

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