Chinese Machinery Maker Eyes European Markets With New Italian Unit (Yicai Global) Dec. 4 -- JS Corrugating Machinery will set up a EUR10 million (USD11.4 million) unit in Italy, to provide a platform for the Chinese packaging equipment maker's overseas expansion strategy.
JS will build corrugated board production lines and a research and development center as well as hire technical staff at the site in Arcore, the Jingshan-based firm said in a statement.
The firm has built up marketing and service networks in India, Russia, Turkey, and other countries, and will now focus on narrowing the gap between itself and competitors in Europe and America.
J.S. mainly makes and sells cartons, carton packaging machinery and printing machinery. The company aims to transition to emerging areas such as high-end equipment and intelligent manufacturing, and started to automate factory operations in 2015.
