KraussMaffei is a German manufacturing company. It is a manufacturer of injection molding machines, machines for plastics extrusion technology, and reaction process machinery. It was acquired by ChemChina in 2016.
19-405: KraussMaffei was formed in 1931 from a merger of the two Munich firms of Maffei (founded 1838) and Krauss & Co. (founded 1860). Both belonged to the leading German makers of locomotives of various types. Maffei also built other steam-operated vehicles and, later, manufactured vehicles with combustion engines, including locomotives, trolleybuses and buses until the 1950s. The headquarters of
38-749: The Bavarian S 3/6 . Examples of the S 3/6 are preserved in the Deutsches Museum in Munich and in the Nuremberg Transport Museum. Maffei, amongst other things, involved itself with the building of the Augsburg Munich line and supported Johann Ulrich Himbsel in the building of the Munich - Starnberg line. Maffei, at Lake Starnberg, built their first steamer "Maximilian". By 1926 they had built 44 steam ships. In 1930
57-478: The 1950s. The headquarters of the firm remained in Munich. KrausMaffei had produced injection moulding equipment since 1957. In 1964 the company Eckert & Ziegler GmbH was taken over. In the 1960s, KraussMaffei built several examples of the ML 4000 C′C′ diesel-hydraulic locomotive for demonstration and testing on American railroads. Southern Pacific and Denver & Rio Grande Western Railroad participated in
76-559: The 1970s, KraussMaffei were involved in the development of the Transrapid magnetic levitation train. In 1986 the plastics equipment division was separated and became Krauss-Maffei Kunststofftechnik GmbH. Mannesmann acquired majority share of KraussMaffei in 1989, and bought out the remaining shares in 1996. In 1999 KraussMaffei merged with Demag to form the Mannesmann Demag Kraus-Maffei . In 1999
95-418: The 1970s, KraussMaffei were involved in the development of the Transrapid magnetic levitation train. In 1986 the plastics equipment division was separated and became Krauss-Maffei Kunststofftechnik GmbH. Mannesmann acquired majority share of KraussMaffei in 1989, and bought out the remaining shares in 1996. In 1999 KraussMaffei merged with Demag to form the Mannesmann Demag Kraus-Maffei . In 1999
114-478: The KrausMaffei trademarks following dissolution of Mannesmann Group. In 2016, KraussMaffei (by then only a plastics manufacturer) was purchased by ChemChina . In November 2018 KraussMaffei was the victim of a ransomware attack, leading to severe drawdown in the production. After the transaction, ChemChina held a good 60 percent of the shares, another Chinese sovereign wealth fund around 15 percent, and
133-415: The KrausMaffei trademarks following dissolution of Mannesmann Group. In 2016, KraussMaffei (by then only a plastics manufacturer) was purchased by ChemChina . In November 2018 KraussMaffei was the victim of a ransomware attack, leading to severe drawdown in the production. After the transaction, ChemChina held a good 60 percent of the shares, another Chinese sovereign wealth fund around 15 percent, and
152-533: The community of Vaterstetten , which is located north of the village of Parsdorf . KraussMaffei will cut 510 jobs worldwide by 2023, most of them in Germany, as the company reported in early 2020. Maffei (company) Maffei was a manufacturer of railway locomotives based in Munich , Germany. Established in 1836, it prospered for nearly a century before going bankrupt in 1930 and becoming amalgamated with
171-580: The defence component was spun off and merged with Wegmann & Co to become Krauss-Maffei Wegmann (KMW). Co-operation between companies was already well established, with Wegmann supplying tank turrets, among other things. After acquisition of Mannesmann's telecommunication business by Vodafone in February 2000, Mannesmann group was dissolved. KraussMaffei's locomotive production and defense division Krauss-Maffei Wegmann were bought by Siemens AG . In 2000 Krauss-Maffei Kunststofftechnik GmbH took over
190-524: The defence component was spun off and merged with Wegmann & Co to become Krauss-Maffei Wegmann (KMW). Co-operation between companies was already well established, with Wegmann supplying tank turrets, among other things. After acquisition of Mannesmann's telecommunication business by Vodafone in February 2000, Mannesmann group was dissolved. KraussMaffei's locomotive production and defense division Krauss-Maffei Wegmann were bought by Siemens AG . In 2000 Krauss-Maffei Kunststofftechnik GmbH took over
209-559: The firm of Krauss to form Krauss-Maffei . Following another seventy years of prosperity Krauss-Maffei merged with Demag and Mannesmann in 1999, the resulting conglomerate in turn being sold to Siemens AG . Perhaps J. A. Maffei's most famous product was the S3/6 4-6-2 locomotive of 1908. In 1836, Joseph Anton, Ritter von Maffei established the "J. A. Maffei" locomotive works in the English Garden district of Munich. The aim
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#1732779955127228-399: The firm remained in Munich. KrausMaffei had produced injection moulding equipment since 1957. In 1964 the company Eckert & Ziegler GmbH was taken over. In the 1960s, KraussMaffei built several examples of the ML 4000 C′C′ diesel-hydraulic locomotive for demonstration and testing on American railroads. Southern Pacific and Denver & Rio Grande Western Railroad participated in
247-531: The form of J.A.Maffei went into bankruptcy and in 1931 merged with the Krauss Company to form Krauss-Maffei . The Maffei mansion in Feldafing , by Lake Starnberg, today houses a museum and exhibitions. Krauss-Maffei KraussMaffei is a German manufacturing company. It is a manufacturer of injection molding machines, machines for plastics extrusion technology, and reaction process machinery. It
266-713: The rest was free float. At the same time, production in China was stepped up: In addition, the ChemChina majority holding Qingdao Tianhua Institute of Chemistry Engineering (THY) took over a ChemChina plant in Sanming , which builds injection molding machines for the Chinese market. Starting in 2022, the company will relocate its headquarters and location in Allach in phases to an industrial estate currently under construction in
285-441: The rest was free float. At the same time, production in China was stepped up: In addition, the ChemChina majority holding Qingdao Tianhua Institute of Chemistry Engineering (THY) took over a ChemChina plant in Sanming , which builds injection molding machines for the Chinese market. Starting in 2022, the company will relocate its headquarters and location in Allach in phases to an industrial estate currently under construction in
304-726: The tests, but both found the locomotives unsuitable for service in the rugged Rocky Mountains through which the two railroads ran. KrausMaffei was a major tank manufacturer. In 1963 the company started production of the Leopard tank . Development and production of Leopard 2 tank started in 1972 in cooperation with Wegmann & Co . The "tank family" comprised not only main battle tanks, but also combat engineering vehicles, air defense tank Flakpanzer Gepard , self-propelled howitzer Panzerhaubitze 2000 (PzH 2000), and reconnaissance and transportation vehicles. More than 10,000 armoured vehicles based on Leopard tanks were produced since 1960s. In
323-672: The tests, but both found the locomotives unsuitable for service in the rugged Rocky Mountains through which the two railroads ran. KrausMaffei was a major tank manufacturer. In 1963 the company started production of the Leopard tank . Development and production of Leopard 2 tank started in 1972 in cooperation with Wegmann & Co . The "tank family" comprised not only main battle tanks, but also combat engineering vehicles, air defense tank Flakpanzer Gepard , self-propelled howitzer Panzerhaubitze 2000 (PzH 2000), and reconnaissance and transportation vehicles. More than 10,000 armoured vehicles based on Leopard tanks were produced since 1960s. In
342-413: Was acquired by ChemChina in 2016. KraussMaffei was formed in 1931 from a merger of the two Munich firms of Maffei (founded 1838) and Krauss & Co. (founded 1860). Both belonged to the leading German makers of locomotives of various types. Maffei also built other steam-operated vehicles and, later, manufactured vehicles with combustion engines, including locomotives, trolleybuses and buses until
361-496: Was to make Bavaria competitive in the machine industry. From these small beginnings a locomotive works eventually developed. In 1864 they delivered their 500th locomotive. Maffei, as a Munich town councillor, was praised for the building of the Hotel Bayerischer Hof . Well-known products of the locomotive works are the Bavarian S 2/6 express locomotive which held the 1907 German speed record of 154.5 km/h) and
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