KraussMaffei relocating headquarters in Germany
German machinery giant KraussMaffei Group GmbH is moving its headquarters
and production plant from Munich to Parsdorf, a 30-minute drive from the current location.
Subject to supervisory board approval, the move will start in 2022, but construction on the
site can start as early as May,
when an extraordinary meeting of the board will convene to decide on the project.
The company is making the move in anticipation of growth both in terms of staffing and production
capabilities, Marion Sommerwerck, head of corporate communications revealed while talking to the press.
She said that the current headquarter of KraussMaffei is 100 years old now we need a bigger space to expand
from the current 1.5 million square feet to roughly 2.7 million square feet.
KraussMaffei has a long history in Munich, dating to 1838 when Joseph Anton von Maffei founded Eisenwerk Hirschau
in the city. The core product was locomotives. A competing company, Krauss & Co., was founded in 1866 by George von
Krauss. The competitors merged in 1931 and moved into a new company headquarters in Munich. The combined company
went on to produce a mix of civilian and military vehicles, centrifuges and buses. KraussMaffei began to produce
injection molding machines after World War II. In 1964, KM took over injection molding press pioneer Eckert &
Ziegler GmbH, which had produced injection presses since 1926.