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Greiner Tool.Tec expanding in the US

Plastics © photocase.com/fult

© photocase.com/fult

March 20, 2008

Global presence of worldwide market leader for tooling and downstream equipment for plastic profile extrusion keeps growing 
 

In late 2007, Greiner acquired Minnesota-based Automated EDM as well as majority holdings in companies in France and Slovenia. “A successful market policy is based on the intensification of our international activities”, says CEO Michael Ebli. “On this basis we intend to achieve double-digit growth in sales for 2008.”

Greiner Tool.Tec is the worldwide market leader for extrusion tools, machines and plant engineering. It comprises 21 companies (Greiner Extrusion, Greiner Production Network, Greiner Competence Center, Gruber Group, Vendor Finance and Weba) operating 16 facilities in 8 countries. 1,400 employees, about half of which are working in Austria, achieved an annual turnover of approximately EUR 150 million in 2007.

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