Schunk

MS Industrie AG signed a contract for Schunk Sonosystems GmbH to acquire a simple majority stake in MS Ultraschall Technologie GmbH. The transaction is subject to approvals and expected to close in July 2024.

German company Schunk will invest over US$11.5 million to build a new plant in Querétaro, Mexico, to produce gripping systems and fastening technology. The plant is expected to create 250 jobs.

Schunk Group has officially opened a new production hall at its Willich site, representing a total investment of 58 million euros, to expand capacity for 3D-printed technical ceramics for the chip industry.

Schunk China held a groundbreaking ceremony on June 30, 2023, for a new production base in Shanghai's Xinzhuang Industrial Zone. The 4,500 sqm facility will assemble PCB depaneling machines and automation products, expected to open in mid-2024.

German company SCHUNK began construction of a new plant in the Querétaro Innovation Technological Park, Mexico, with an investment of over 150 million pesos. The facility will include a three-level building and industrial warehouse on a 10,000-square-meter site for manufacturing tool holders, clamping systems, and automation equipment.

The Schunk Group has begun construction of a new production building in Willich, Germany, for Schunk Ingenieurkeramik, with a total investment of EUR 58 million. The facility will manufacture ceramic products for the chip industry using 3D printing and is expected to be ready by the end of 2022, creating about 50 jobs.

Schunk USA has started construction on an expansion of its U.S. headquarters in Morrisville, North Carolina, more than doubling the facility size. The company will invest $30 million by 2022 and create over 80 new jobs.