Injection moulding company experiences surge in orders

Sumitomo (SHI) Demag has reported an increase in orders during the Covid-19 pandemic, with an almost 25 percent rise in orders for machines produced in Germany during the first six months of 2020.

Gerd Liebig, CEO, commented: "Our intentional strategic focus on these two growth markets over the past few years has placed us in a stronger position, helping us to survive during these difficult times with a strong order increase.

"To cope with the increase in orders, we are utilising all available resources and increasing production capacities in our IntElect series considerably."

As a result of stable sales, Sumitomo (SHI) Demag expects to report a year-on-year 17 percent increase in overall incoming orders for 2020.

Liebig added: "Our plant in Wiehe is operating at full capacity and from November 2020 we will be producing the all-electric small machines at the historic high cycle.

“The strategic focus on this series is now paying off in full: By the second half of 2020, we will double our production capacity once again in order to meet demand."

Following this success, Sumitomo (SHI) Demag is continuing the planned co-operation with its Japanese parent company, with Japan commencing production of IntElect machines later in 2020.