VMI order-intake on the rise

Haaksbergen, The Netherlands – Owner of Dutch tire and rubber machinery maker VMI, the TKH Group has reported a third-quarter order intake for tire-building systems of €66 million – “slightly higher” than in the same period last year.

For the first nine months of this year, TKH pegged order-intake at €294 million. This compared to the prior-year figure of €192 million -  an increase of over 53%.

VMI is part of Haaksbergen-based TKH’s Industrial Solutions segment, operating within a sub-segment called manufacturing systems.

Turnover in the Industrial Solutions segment overall was up by 16.2% year-on-year in the third quarter to €164.7 million.

The Industrial Solutions business unit also supplies speciailty cable and plug-and-play cable systems for sectors including robotics, medical and machine-building.