Germany-based Marbach signs joint venture contract with Masterwork for its new production plant in Tianjin, China

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Germany-based Marbach signs joint venture contract with Masterwork for its new production plant in Tianjin, China

May 14, 2018 - 04:12

HEILBRONN, Germany, May 9, 2018 (Press Release) -Marbach signed a joint venture contract at the end of 2017 with Masterwork (MK), a Chinese manufacturer of machines and systems for the packaging industry. After completing all the necessary formalities in spring 2018, preparations for the new Marbach production location in China are currently in full swing. Production at the Tianjin plant is scheduled to start in summer 2018.

Dominic Fischer, Assistant Project Manager China: "At the moment we are at the critical stage with intensive collaboration between Masterwork and Marbach. Our joint venture will be located in a large new MK building complex. We will have an area of approx. 1,600 m² available there. Of this area, 1,400 m² alone will be for our new production. The building has been completed and the Marbach area will be designed according to our requirements for a modern and efficient cutting-die production".

The production machines and required materials will arrive in Tianjin at the end of June, followed by immediate installation, so that Marbach can start production in summer as scheduled.

Fischer continues: "Of course we have expats in China who will be there and support us at the start of production and in the time immediately after. The local employees are already trained in advance in Heilbronn and in our subsidiary in Malaysia. And so we will be able to benefit from our experience of establishing subsidiaries in the USA and Malaysia. In addition, there will be regular visits from the project team to the location, so we will closely monitor the project in China to ensure a smooth start.

In addition to the new plant in China, Marbach has many locations around the globe and plans to further expand its international operations in the coming years.