During 2015, sales for Bischof + Klein rose by about 4% to €554 million. At €43 million, investments also reached record levels. The number of employees at both German plants increased by 2%, while the number of trainees rose by 10%.
In 2016, the company will be investing €35 million at its two German plants in Lengerich/NRW and Konzel/Bavaria. The largest individual investment involves a new extrusion line at the company's headquarters in Lengerich; this is intended for manufacturing multi-ply laminates for the foodstuffs and pharmaceutical industries, amongst others. Modernisation and capacity expansion are also being driven forwards with new extrusion and conversion lines, and printing presses, at the subsidiary companies in France, the United Kingdom, Poland and Saudi Arabia.
The increase in B+K sales has outstripped the industry average for three years in succession, something that all business fields have contributed to.
Europe will remain the family-owned company's main sales market in the future, as reflected in the change of legal form to Bischof + Klein SE & Co. KG in October 2015. Management board member Dr. Volker Pfennig: "We believe that flexible plastic packaging offers the best opportunity for growth within the packaging market as a whole. We are positioning ourselves to continue growing."
Adapted from press release by Rebecca Bowden
Read the article online at: https://www.worldcement.com/europe-cis/26072016/bischof-klein-on-target-for-further-growth-603/