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  2. reifenhuser acquires westland corporation, the quality and service leader in the us market for screws and barrels

reifenhuser acquires westland corporation, the quality and service leader in the us market for screws and barrels

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By admin on Thu, 12/20/2012 - 13:53

reifenh&aumluser acquires westland corporation, the quality and service leader in the us market for screws and barrels the reifenh&aumluser group has acquired the us company westland corporation, further increasing the market share of the subsidiary reiloy metall. the reifenh&aumluser group, leading global manufacturer of plastics processing machinery, has acquired the us company westland corporation, further increasing the market share of the subsidiary reiloy metall, the manufacturer of screws and barrels. this acquisition will significantly expand the company&39s production capacities and strengthen engineering and service in the north american market. westland corporation, based in wichita, is a us manufacturer of screws and barrels. over the last few years, the company has taken a leading position in the north american market in terms of service and quality. effective immediately, the company will be part of the reifenh&aumluser group under the name reiloy westland corporation, as an independent unit of the business unit reiloy metall. dave larson, formerly president of westland corporation, will continue to manage the business of reiloy westland as president. thomas porstner, head of the global business unit reiloy says &ldquoreiloy metall and reiloy westland are a perfect match. in germany, we have unrivalled expertise and extensive production capacities for producing barrels with inductionheated centrifugal casting, and are currently the only manufacturer that produces its own metal alloys. together with the knowhow in engineering and the outstanding service and sales network at our new usa site, we now have the equipment and the necessary foundation for growth in the north american market.&rdquo for dave larson, president of reiloy westland, joining the reifenh&aumluser group is the logical next step for westland after seven years of successful cooperation &ldquowe can now supply the us market with larger quantities and at the same time, have additional resources for the future. as part of the familyrun reifenh&aumluser group, we belong to a group of companies with a strong financial basis and a strategy that isn&39t focused on fast profits, but instead, on longterm, sustainable growth. we look forward to contributing to this future growth.&rdquo for the reifenh&aumluser group, the purchase of the westland corporation is a clear acknowledgment of the significance of the american market. bernd reifenh&aumluser, ceo of the reifenh&aumluser group says &ldquoi am convinced that the us is an important strategic market for the reifenh&aumluser group and that its significance will continue to increase in the future. by acquiring our own site for screws and barrels on location and investing in the capacities of the site, we are reacting to this development in the market.&rdquo about the reifenh&aumluser group the reifenh&aumluser group comprising six business units, is the world&rsquos leading manufacturer of plastics processing machinery. in the business year 20112012 the group employing about 1,200 people at its three german sites reported total revenues of eur 450 million. the familyrun company was founded in 1911 and is managed today for the third generation by brothers bernd, klaus and ulrich reifenh&aumluser. www.reifenhausergroup.com about reiloy metall reiloy metall, a subsidiary of the reifenh&aumluser group based in troisdorf, is the global market leader in highly wearresistant screws and barrels for plastics extrusion and injection molding. the company, founded in 1971, is managed by thomas porstner. www.reiloy.com about westland corporation westland corporation, based in wichita, kansas, started reworking barrels for extrusion and injection molding in 1969. the company would later develop into a market leader for highperformance screws and barrels. the company became part of the reiloy business unit of the reifenh&aumluser group on december 1, 2012 under the name reiloy westland. the company is managed by dave larson. www.reiloyusa.com press relations wolfgang h. h&oumlgemann reifenh&aumluser gmbh &amp co. kg maschinenfabrik head of pr &amp advertising, 53839 troisdorf phone 49 02241 23510768 email wolfgang.hoegemann@reifenhausergroup.com

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