Andreas Bastin, the company's CEO, emphasized: "This extension gives us the means to improve both the quality and volume of our production. Thanks to the harmonious collaboration between all parties involved, we can now start installing brand-new, state-of-the-art production equipment ahead of schedule." From the first quarter of 2017, the market and technology leader in sophisticated connection and pipe systems will then be able to operate with significantly increased production.
The Masterflex Group has invested around €5 million in this building alone, and will spend a further €2 million on new equipment. On completion of the project, the spiral pipe production area will increase by 2,400 square meters. In addition, warehouse capacity will be increased by around 3,700 square meters. Part of this new space can be used for several purposes. "It gives us the flexibility to adapt our production to long-term market conditions. From a