Date: 23 January 2020 , 18:39
News ID: 8320

A €10 Mio. Investment a positive Signal to the Foundry Industry

Official Opening of Mingzhi-Tech GmbH European headquarters in Leipzig
A €10 Mio. Investment a positive Signal to the Foundry Industry

Together with guests from Germany, Italy, China, Russia, Poland, France, Turkey, Slovenia etc. representing foundries, consultants and suppliers Mingzhi-Tech opened the new European Headquarters.

With Gianluigi Visentin, Heinrich Kairies, Gerald Richter and Sebastian Lenoir, General Manager Mr. Qiu He opened and proudly presented the new MICC 300 in the new facilities. The company's new plant in the Großlehna industrial park near Leipzig/Germany represents a significant investment of 10 Mio. €, and is a sign of confidence in the region and in the foundry industry.

Mingzhi, a Suzhou based Chinese company, provides coremaking solutions as well as operating two aluminum foundries since 1999. After the acquisition of the core making division of DISA from Noricon Group in 2018, Mingzhi Technology Leipzig GmbH was established as the new European production and service facility. As part of the Mingzhi Technology family, MTL will continue to produce high quality core shop equipment and collaborate with the Suzhou technical group to develop and produce innovative core machine products and improve the service level for global customers.