Marangoni Germany confirms plans to double Ringtread production
Following the rebrand/establishment of Marangoni Retreading Systems Deutschland in September 2011, the German part of the Italian retreading company confirmed plans to virtually double output at the end of January 2012. The specific purpose of the investment is to double ringtread production capacity in Hamburg.
According to the company, changes in the cold retreading market and continuing efforts to achieve competitive advantages have led the Marangoni Group to invest around 2 million euros in the installation of a second Alpha Ring line. The spending itself will be focused on the second half of the year.
Matthias Leppert, managing director of Marangoni Retreading Systems Deutschland, stated: “We started out by offering rings, then in 2004 the first Alpha Ring line was installed; this quickly reached saturation, hence the decision to invest in a second line. The second line will double ring production capacity: annual production will be around 4500 tonnes and this will allow us to serve and develop, from our site here, all German speaking markets, Scandinavia and Eastern Europe”.
Marangoni reports that the investment will ensure the creation of “an extremely modern plant, with potential for growth and the opportunity for the Hamburg site” to play a key role in the Marangoni Group’s strategy in Europe.