On September 3, 2020, KraussMaffei officially laid the foundation stone for the construction of a new production plant for extrusion systems in Laatzen's eastern industrial park located in the Hannover region. According to the time schedule, the 66,500 square meter facility is planned to be completed by the third quarter of 2022. The new address will replace the former KraussMaffei site in Hannover-Kleefeld that did not allow any further expansion.

Ultra-modern premises with impressive office and production areas will be built on the spacious site to combine KraussMaffei's extrusion business activities under a single roof. Special focus is placed on the new InnovationCenter that will be available for challenging and complex preliminary tests under realistic production conditions to customers from the plastics and rubber industries before they actually order a new machine from KraussMaffei. On a floor area of around 10,000 square meters, the InnovationCenter will comprise 20 state-of-the-art machines and lines - from small laboratory facilities up to production-scale machines - to be used for trial purposes. Completion is proceeding according to schedule.

“Here in Laatzen and also at our other locations in Germany and around the globe, we are committed to shaping the innovative future KraussMaffei in order to take on and meet the challenges of the 21st century with flying colors. Already in March, we opened our new plant located in JiaXing in China. A couple of weeks ago, we inaugurated the new plant of our Burgsmüller subsidiary in Einbeck. And the construction work for our new headquarters in Munich-Parsdorf has also been started. In a few days, we will celebrate the laying of the foundation stone there as well,” said Michael Ruf, Chief Executive Officer of the KraussMaffei Group on the occasion of the ceremony. “Our new premises in Laatzen will be our future extrusion and recycling technology center. 750 jobs will be created here - for highly trained skilled workers in metalworking and plastics specialists.”